@Plasma , $XPL , and #plasma
Recent price action on XPL/USDT reflects a shift in short-term sentiment after a strong bounce from the 0.1272 support area. Buyers pushed price above short-term averages and into the 0.130 resistance zone, supported by improving volume. This indicates that demand is returning after a brief period of weakness. However, the market faced rejection near 0.1305, highlighting strong supply at this level. The next key factor is whether price can stay above the 0.129 region. Holding this area would suggest strength and open the door for another upside attempt. Failure to hold may result in a retracement toward earlier support levels. Overall, the short-term structure looks positive, but the market is at a critical point where confirmation is required before expecting sustained upside movement.
$XPL
{spot}(XPLUSDT)
$BTC
{spot}(BTCUSDT)