$XPL /USDT (Plasma Network) shows another massive vertical breakout. However, the setup here is even more "overextended" than the previous one, with the price currently sitting at $0.0951, just a fraction away from the 24-hour high of $0.0952.
Trade Setup:
$XPL /USDT:
💁♂️ Entry $0.082 - $0.085 (Wait for a pullback to the Supertrend line $0.0856. Buying at $0.095 is high-risk top-chasing.)
TP1: $0.0952 The current local top. Secure partial profits here.
TP2: $0.106 Major psychological resistance and common price prediction for early 2026.
Stop Loss: $0.078 (Place strictly below the recent 24h low $0.0783 to avoid a complete reversal.)
Resistance 1: $0.0952 (Current 24h high).
Resistance 2: $0.110 (Previous historical consolidation zone).
Support 1: $0.0856 (1H Supertrend support).
Support 2: $0.0783 (Recent "swing low" floor).
#Plasma massive green volume bars confirm the move is real, but vertical moves like this are rarely sustainable without a retest of the breakout point.
@Plasma (
$XPL ) is positioned as a Layer 1 for stablecoins with "zero-fee" USDT transfers.
Mid-2026 Target if adoption of its payment settlement layer grows, analysts see a potential move toward $0.17 - $0.34.
Long-term Moon Shot Bullish 2026/2027 forecasts range from $1.24 to $3.32, though this would require a major bull market and significant institutional volume.
#XPLToken