$XPL PERP – 30M Technical Snapshot


XPLUSDT
Perp
0.1033
+0.29%
XPL is currently trading around 0.1287, showing signs of post-volatility consolidation after a sharp liquidity sweep.
🔹 What happened?
A sudden selloff triggered liquidations, followed by strong buy absorption , a classic stop hunt wick. Price bounced, but the recovery lacked momentum.
🔹 Current Structure:
Rejection near 0.135–0.136 (strong supply zone)
Formation of lower highs → short-term weakness
Market now range-bound & indecisive
🔹 Key Levels to Watch:
🟢 Support: 0.1260 – 0.1250
🔴 Resistance: 0.1325 – 0.1350
🔹 Bias:
Neutral to bearish until price reclaims 0.135+ with volume.
Below 0.126, downside liquidity may get tested again.
⚠️ Expect volatility. Wait for confirmation before entering trades.