$XPIN (Xpin Network) has entered a high-volatility markdown phase as of December 24, 2025, following a failed retest of its October highs. Currently trading near $0.00221 – $0.00225, the asset has retraced significantly from its 24-hour peak of $0.0031. Despite the "DePIN + PayFi" narrative and the "FreeData Plan" launch, the price remains suppressed by severe centralization concerns, with reports indicating 91% of the supply is controlled by just 8 wallets.
The technical structure is decisively bearish on shorter timeframes, with a "tug-of-war" occurring between staking-driven liquidity ($800M locked) and heavy sell-side pressure from whales. While the asset outperformed the market last week, it is now trapped in a volatile distribution zone. Indicators suggest a "Strong Sell" sentiment as participants de-risk amid transparency concerns and a sharp 45% drop in 24h trading volume.
Support and Resistance Levels
Immediate Resistance: A formidable supply wall is established at $0.00245 – $0.00260, where the 30-day SMA and recent breakdown point align.
Secondary Resistance: Stronger structural resistance sits at the recent peak of $0.00317.
Immediate Support: The current floor is being tested at $0.00215, representing the EMA(1000) support on the 15m chart.
Critical Support: A failure to hold the $0.00190 level could trigger a rapid capitulation toward the $0.00150 psychological floor as stop-losses are hunted.
The overall trend remains a "sell the rip" scenario as the market remains wary of whale-driven manipulation and fading momentum.
Short Trade Signal
Margin: Isolated 2% to 5%
Leverage: 10x – 20x (Caution: High Volatility)
Entry 1: 0.00235
Entry 2: 0.00252
Take Profits: TP1: 0.00210
TP2: 0.00185
Or Take Profit from 100% to 500% ROI Stop Loss: 0.00271
Short #XPIN Here
