$XPL /USDT ๐๐ช

XPLUSDT
Perp
0.1067
-3.43%
XPL is showing continued bearish pressure after rejecting near the $0.10 resistance zone and breaking short-term structure.
๐ Key Observations:
Price currently at $0.0847, down over 10%
Clear lower highs forming on the 4H timeframe
RSI around 22 โ deeply oversold, but still weak momentum
Volume spike on the recent dump suggests strong sell-side dominance
๐ Key Levels:
Support: $0.082 โ $0.078
Major Support: $0.070
Resistance: $0.090 โ $0.100
If $0.082 fails to hold, price could revisit the $0.070 demand zone. A relief bounce is possible due to oversold RSI, but trend remains bearish unless $0.090 is reclaimed with strong volume.
โ ๏ธ Wait for confirmation before catching the dip โ knife catching in a downtrend is risky.

