尽管看到一些弹跳，但Stellar [XLM]仍继续保持看跌轨迹

尽管Stellar [XLM]继续保持看跌轨迹，但最近几周的交易量一直很低。这表明看跌只是更广泛的市场不确定性和比特币[BTC]损失的产物。

While Stellar [XLM] presented a bleak picture with its downward trajectory and low trading volume in recent weeks, this bearishness was a product of the wider market uncertainty and Bitcoin [BTC] losses.

尽管Stellar [XLM]在最近几周内以其下降轨迹和低交易量展示了一幅惨淡的图片，但这种看跌是更广泛的市场不确定性和比特币[BTC]损失的产物。

In fact, the token was at a critical juncture on the lower timeframe price charts as the bulls were challenging the $0.3 resistance. Hence, the question – Can they succeed in creating a breakout?

实际上，由于公牛队挑战了0.3美元的电阻，因此代币在较低的时间范围价格表上处于关键时刻。因此，问题 - 他们可以成功创造突破吗？

Stellar forms a short-term range and faces resistance up to $0.31

恒星形成短期范围，面临着高达$ 0.31的阻力

Source: XLM/USDT on TradingView

资料来源：XLM/USDT在TradingView上

The 61.8% Fibonacci retracement level was flipped from support to resistance. At press time, the price witnessed a 19% bounce in a day and was testing the $0.299 region as resistance. It may be possible that the bulls’ efforts would be rebuffed once again.

61.8％的斐波那契回回率从支撑上翻转为电阻。发稿时，价格在一天中看到了19％的弹跳，并将0.299美元的区域视为电阻。公牛的努力可能会再次拒绝。

The 1-day market structure had been bearish throughout February. Until this changes, swing traders should not be betting on a bullish reversal. Instead, price bounces such as the most recent one could offer an opportunity to sell.

整个2月，为期1天的市场结构一直是看跌。在这种情况发生变化之前，摇摆交易者不应押注看涨的逆转。取而代之的是，价格弹起，例如最近的价格可以提供销售的机会。

At press time, the RSI on the daily chart remained below 40 to reflect sizeable bearish momentum, but the OBV was not on a downtrend. This underlined the lack of high selling volume, despite the losses in February. It hinted at the potential for a quick recovery, if Bitcoin can turn things around.

发稿时，每日图表上的RSI仍低于40，以反映较大的看跌动力，但OBV并没有处于下降趋势。尽管二月份遭受了损失，但这突显了缺乏销售量的高销量。如果比特币可以扭转局面，这暗示了快速恢复的潜力。

Source: XLM/USDT on TradingView

资料来源：XLM/USDT在TradingView上

The 4-hour chart revealed a range formation between $0.256 and $0.3. Just above, the fair value gap from $0.303-$0.31 was also likely to oppose the bulls’ progress. Hence, even though the RSI was above neutral 50 and the OBV breached the local high, traders can expect a bearish move.

4小时的图表显示，范围的形成在0.256美元至0.3美元之间。在上方，公允价值的差距从0.303- $ 0.31起也可能反对公牛的进度。因此，即使RSI高于中立50，并且违反了当地高位，但交易者也可以期待看跌。

Invalidation of this idea would be a retest of $0.3 as support, followed by a move beyond $0.31. Meanwhile, rejection from $0.3-$0.31 can be used to go short on XLM, targeting the $0.273 and $0.256 levels.

这个想法的无效将是$ 0.3的支持，作为支持，随后转会超过$ 0.31。同时，拒绝$ 0.3- $ 0.31可用于XLM的短路，以0.273美元和0.256美元的价格拒绝。

Source: Coinglass

资料来源：小店

The past week’s liquidation heatmap highlighted a strong magnetic zone just overhead. The $0.303-$0.31 zone had a cluster of liquidation levels that could be tested before a bearish reversal. However, traders must remain cautious.

过去一周的清算热图突出了一个强大的磁性区域。 $ 0.303- $ 0.31的区域的清算水平群可以在看跌逆转之前进行测试。但是，交易者必须保持谨慎。

The 1-month liquidation heatmap revealed that the $0.35 and $0.37-levels were also sizeable liquidation zones that could attract Stellar’s price to themselves. Therefore, if the $0.3-level is flipped to support, traders would have to flip their bearish bias and anticipate further gains.

1个月的清算热图显示，$ 0.35和0.37级的级别也是相当大的清算区，可以吸引出色的价格。因此，如果$ 0.3级别的支持以支持，交易者将不得不翻转其看跌偏见并预计会有进一步的收益。