inside_trader

The recent market correction has hit many altcoins hard, and $XPL is currently undergoing a significant stress test as it trades near the $0.096 mark. However, a professional look at the technical data reveals some interesting signals. Specifically, the 24-hour volume for @plasma has surged by over 42%, reaching $88 million.
In technical analysis, a sharp increase in volume during a price decline often indicates "capitulation"—the moment where the final sellers exit and a new accumulation floor is established. While the short-term momentum is bearish, this level of liquidity is a positive sign for the health of the #plasma ecosystem. It shows that there is significant interest in $XPL at these lower valuations.
Beyond the price action, the fundamental value proposition of @Plasma remains focused on efficiency. Sub-second finality and gasless USDT transfers are real-world solutions that provide long-term utility regardless of daily price swings. As we move through this phase of price discovery, the key will be watching for a stabilization in the daily candles to confirm that the bottom is in. In trading, the most important work often happens during these quiet or challenging periods. I am keeping a close eye on the roadmap milestones as the team continues to build the infrastructure for the future of stablecoin settlement.
#plasma #BinanceSquare #XPL #TrumpEndsShutdown

The start of 2026 has been characterized by a broader market pullback, and the $XPL ecosystem is no exception. After a strong run, the token entered a significant correction phase in early January, which was further extended by Bitcoin’s recent price volatility. Analyzing the technicals on the 4-hour timeframe, it is evident that the bears currently have the upper hand.
As seen on the latest chart, $XPL is struggling to find firm retail support at current levels. From a technical perspective, a further downside move of approximately 20% is a very realistic scenario that traders should prepare for. This would potentially bring the price into a deeper "Short Take" zone below the $0.10 mark. While this might seem discouraging for holders, these deep corrections are often necessary to clear out over-leveraged positions and establish a more sustainable long-term floor.
Once the asset reaches these lower valuation areas, I expect a small range-bound bounce to develop as accumulation begins to step in again. For followers of @Plasma , this is a time for caution and strict risk management. The project’s fundamental vision for gasless USDT transfers and high-speed settlement remains strong, but the technical structure needs time to heal before the next major expansion. Stay patient and watch the lower order blocks for signs of stabilization! #plasma
#BinanceSquare #TechnicalAnalysis #XPL #Plasma