Despite the decline, there are signals on the Stellar chart indicating a possible upcoming change in direction.
An analysis of the wave structure shows the development of a corrective movement in the form of an ABC zigzag. This corrective pattern is a common signal of a pause in the current downtrend. There is the final wave [c] now.
According to the data of the smaller wave structure, the development of a downward impulse is observed. The price forms the last wave (v). After the completion of this wave, a corrective downward movement may begin.
Thus, Stellar continues to move within a downward wave structure in the medium term. However, after the completion of the current wave, a change in the direction of movement can be observed.
In this case, the emphasis is on short positions that can be considered at current levels.