The recent movement of XLM has clearly broken below key levels. After a rally to 0.23350 on the 1-hour chart, momentum faded, and it quickly fell back to 0.22589, currently breaking below the three moving average supports: MA5(0.22748), MA10(0.22807), and MA20(0.22897).

The technical indicators are also bearish. RSI(6) dropped to 35.28203, entering the weak zone. The MACD's green histogram is expanding, and the divergence between DIF(-0.00106) and DEA(-0.00084) is significant, indicating that downward momentum is still strengthening. More importantly, the bulls are unable to hold the position, clearly showing that the main force is dumping the price.

The current strategy is: short at the current price of 0.22589. Set the stop-loss just above the previous high at 0.23350 for safety. The targets are as follows—first, aim for the 24-hour low at 0.22538(, and second, target the round number support at 0.22000.

For trend-based shorts, hold firmly. Short-term traders can take partial profits at support levels. Be aware that the main force might continue to push down using this breakdown pattern, possibly breaking through key supports, so prepare contingency plans.