Plasma ($XPL) is increasingly standing out as a project that focuses on steady progress rather than short-lived hype. Following Plasma feels like tracking a clear journey, where development and direction remain consistent instead of constantly shifting narratives. This approach is building long-term confidence within the community.
On the technical side, $XPL has recently bounced from a strong support zone on the daily chart. After this rebound, price is now moving toward a descending resistance while also testing the daily SMA50, a key indicator that often determines the next major move. This zone is critical, as a confirmed breakout could signal a continuation of bullish momentum.
If $XPL successfully breaks above both the descending resistance and the daily SMA50, the following upside targets come into focus: $0.1679, $0.1983, $0.2504, $0.2925, $0.3347, $0.3946, and $0.4710.
These levels represent potential price milestones where market reactions may occur. Traders and long-term holders alike should monitor volume and confirmation before making decisions. As always, protecting capital through proper risk management and disciplined stop-loss strategies is essential. @Plasma
Overall, Plasma’s combination of technical structure and a clear long-term vision makes it an interesting project to watch as it continues to evolve.
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