Stellar (XLM) experienced a 2.2% decline, closing at $0.2727 as it faced strong resistance at $0.2815. The cryptocurrency traded within a narrow range of $0.0124, exhibiting 4.5% intraday volatility. Key support was identified near $0.2709. Trading volume spiked to 42.6 million tokens at the resistance level, marking a 62% increase over the 24-hour average, driven by institutional selling pressure. A failed breakout attempt on the 60-minute chart resulted in a sharp drop to $0.2724, confirming a false breakout and the continuation of the downtrend. Subsequent volume contraction to 18% of the session average indicated weak buying interest.