XPL Shows Strong Short-Term Recovery
@Plasma , $XPL , and #plasma
XPL/USDT is showing a clear recovery after bouncing from the 0.1272 support area and moving toward the 0.1305 level. This upward move was supported by increasing volume, which suggests real buying pressure rather than a weak technical bounce. Price is currently trading above short-term moving averages, indicating positive momentum on the lower timeframe. However, rejection near 0.1305 shows that sellers are still active around this resistance zone. If XPL can maintain support between 0.129 and 0.1285, it may build a base for another upward attempt. A successful break above the recent high could attract more short-term interest from traders. On the downside, losing this support could send price back into the previous consolidation range. Overall, the structure looks constructive for short-term trading, but confirmation is still needed before expecting strong continuation.
$XPL
{spot}(XPLUSDT)