$XPL Perp – Clean Technical Update
Price: 0.1437
⏱ Timeframe: 15M
XPLUSDT saw a sharp sell off from the 0.16–0.155 zone, followed by sideways consolidation near 0.14. This suggests distribution after a breakdown, not a confirmed reversal.
Market Structure
Short term trend: Range bound
Intraday bias: Bearish to neutral
Recovery lacks strong bullish momentum
Key Levels
🔹 Support: 0.1400 – 0.1385
🔹 Major Support: 0.1365
🔹 Resistance: 0.1450 – 0.1470
🔹 Major Resistance: 0.1500
Volume Insight
High volume on the dump shows strong selling pressure.Low volume during consolidation means no aggressive buyers yet.
Scenarios : Below 0.140: Risk of continuation toward 0.1365 - 0.1320.Above 0.150 (with volume): Possible recovery toward 0.155 – 0.160
🧠 Summary: Bears remain in control below 0.150. Wait for a confirmed breakout or breakdown , avoid trading inside the range.
⚠️ Not financial advice /Trade with proper risk management