@Plasma , $XPL , and #plasma a I am watching XPL/USDT closely on the 15-minute timeframe, and right now the market is clearly under bearish pressure. Price dropped strongly from the 0.14 zone and is now trading around 0.1318, which is near today’s low. All the moving averages (MA7, MA25, MA99) are above the current price, which confirms that sellers are still in control. From my observation, the selling volume increased sharply during this drop, which often indicates panic selling or stop-loss hunting. This kind of move usually happens near support zones. I see a strong support area between 0.1280 and 0.1300. If this zone holds, I expect a short-term bounce toward 0.1350 to 0.1380. I am not rushing into any trade. I prefer to wait for a clear bullish candle or some signs of price stabilization before entering. In this kind of volatile market, patience is very important for me. My plan is to protect my capital first and only trade when the market gives confirmation. The overall trend is weak, but a short-term recovery is still possible if buyers defend this support area. $XPL {spot}(XPLUSDT) $BTC {spot}(BTCUSDT)
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