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Plasma’s native token $XPL has been under pressure recently, with price drifting far below its September 2025 debut highs amid weak network activity and selling momentum. Technical indicators reflect continued pressure, while total value locked (TVL) and usage on Plasma have declined from earlier levels. (CoinMarketCap)
However, some traders see oversold conditions as a potential short-term support zone forming, and broader market strength could modestly lift altcoins like XPL if sentiment improves. (CoinMarketCap)
💡 Key Levels to Watch: • Support around recent lows as sellers cool down • Break above short-term resistance level could spark interest