![How Stellar [XLM] bulls can leverage this ‘dip' to remain profitable](https://insights.cryptobasemarket.com/wp-content/uploads/2022/08/untitled-design-43-184585.png)
Stellar [XLM], at the time of writing, was traversing near the lower boundary of its Bollinger Bands (BB) after a steep decline from its $0.119 resistance. A close below the immediate support could spiral into extended losses in the coming sessions.
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