$XPD /USDT – Pullback Testing Key Support

XPD
XPDUSDT
1,749.46
+2.69%

Momentum Analysis:

XPD is currently retracing after hitting a 24h high of 1,846.44. The price is at 1,763.54 (-2.86%), approaching key support zones around 1,738–1,763. Layer 1/Layer 2 depth indicates moderate selling, with potential buyers stepping in near 1,738. A strong bounce could signal a continuation toward 1,799–1,846.

Long Setup:

Entry Zone: 1,738 – 1,763

Targets:

T1: 1,799

T2: 1,846

T3: 1,860

Stop Loss: 1,715

Breakout Confirmation Level & Key Support:

Breakout Level: 1,860.34 (resumption of uptrend)

Key Support: 1,738 – 1,763

Pro Tip for Traders:

Monitor the 1,738 support. A bounce could offer a low-risk long with upside toward the previous highs. Conversely, a breakdown below 1,715 may trigger accelerated selling.

Relevant Hashtags:

#XPD #CryptoTrading #PerpTrading #Layer1