$XPL Is Knocking On A Major Resistance Zone
XPL has delivered a strong 31% move and is now trading around 0.1179, just below the 0.1185 high.

The 1H structure remains strong. Price is holding above MA7 at 0.1150, MA14 at 0.1116 and MA28 at 0.1015, showing clear bullish momentum.

What stands out is the tight consolidation near the top. Buyers are still defending the higher levels instead of allowing a major retracement.

A clean 1H close above 0.1185 with rising volume could signal another breakout attempt. If rejected here, the first area I’d watch is 0.1150–0.1115.

Key levels:
Support: 0.1150 / 0.1115
Resistance: 0.1185

The trend is strong, but after a 31% move, chasing the top can be risky. Confirmation matters here.

Not financial advice. Manage your risk.
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