The price of Stellar has confirmed a drastic shift in its market structure after losing the critical support of $0.2527, according to technical analysis provided by CD Analytics. This breakdown, recorded on November 17, was accompanied by a 78% increase in trading volume, suggesting strong institutional selling pressure that has nullified the previous positive trend.
During the 24-hour session, the asset fell 1.2%, moving from $0.2580 to $0.2548 and wiping out recent gains. The most decisive move was recorded at 13:00 UTC, when a massive spike in activity of 30.4 million tokens accelerated the technical drop, far exceeding the usual daily average and confirming weakness in price action.
Is the $0.2500 psychological support in imminent danger of breaking?
The token’s inability to overcome resistance established at $0.2607 triggered a severe correction that validates the deterioration of current bullish momentum. Therefore, the current volatility is not an isolated event, but confirmation that sellers have taken control following the invalidation of the ascending trendline that was supporting the asset.
On the other hand, the Stellar blockchain now faces a challenging scenario where the loss of the $0.2527 level opens the door to a test of the psychological support at $0.2500. For investors, this volatile consolidation pattern with a 3.3% range indicates that directional uncertainty could persist in the short term, increasing the risk of further liquidations if immediate demand does not appear.
If bulls fail to quickly reclaim the $0.2580 zone to negate the bearish structure, selling pressure is likely to continue intensifying. Likewise, market attention will focus on whether buying volume manages to stabilize or if, conversely, we will see a final capitulation toward lower lows in the coming trading sessions.
