The price of Stellar Lumens (XLM) has taken a sharp turn downward, flashing a death cross on the chart. This bearish signal raises questions about the future of the cryptocurrency as bulls struggle to maintain momentum. 80% drop from recent highs, coupled with reduced trading volume and open interest, indicates a weakening market sentiment. The current price sits at $0.28, facing potential losses towards $0.2653 support. The fate of XLM will hinge on whether it can reclaim the $0.29 level or face deeper downward pressure. Will bulls manage to turn the tide and bounce back from this bearish trend? 70% drop in trading volume has indicated a significant decline in market participation. Analysts, including Ali Martinez, believe that XLM may be setting up for further losses if it fails to break above $0.29, with support at $0.2653 acting as the last line of defense. A breakdown here could trigger panic selling and accelerate the downtrend. The death cross is a clear signal that bears are gaining momentum, prompting investors to watch closely. The market awaits decisive action from bulls or the potential for a deeper correction. 5% drop in open interest indicates reduced investor conviction. A positive breakout above $0.29 would be needed to alleviate this bearish sentiment and ignite a bullish rally.