$XPL PERP – 30M Technical Snapshot

XPLBSC
XPLUSDT
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.

#plasma $XPL @Plasma