$XPL ๐จ XPL IS STARTING TO SHOW BULLISH SIGNSโฆ AND THE MARKET ISN'T FULLY AWARE YET ๐๐ฅ
Right now, XPL is hovering around $0.10 โ $0.11 with some solid volume ๐ฅ
Buyers seem to be holding down the fort, while sellers are starting to run out of steam at a critical support level.
๐ Key areas traders are watching:
โข Strong support: $0.098 โ $0.101
โข Hot entry zone: $0.102 โ $0.108
โข Close resistance: $0.116 โ $0.120
โข If we break through $0.120 โ the next target could sprint to $0.135 โ $0.15 ๐
And this is why many traders are starting to believe XPL is gearing up again ๐ณ
โ
XPL has climbed over 8% and is still holding above key MA โ signs that bullish momentum isn't dead yet
โ
Daily trading volume is still in the tens of millions of dollars
โ which means the market isnโt cooling down, itโs actually heating up again
โ
The narrative around stablecoin infrastructure is gaining traction
because Plasma is focused on super-fast & cheap USDโฎ transfers ๐ธ
โ
USDT0 inflow to Plasma is reportedly over $27 billion
โ this is making many traders take another look at XPL ๐ฅ
๐ Whatโs dangerous for those who haven't entered yet:
Typically, coins that are seen as โdeadโ tend to make the most savage reversals when volume starts to sneak inโฆ
And now the XPL chart is starting to show:
๐ higher lows are forming
๐ buyers are getting bolder
๐ resistance is being tested more frequently
โ ๏ธ Setups currently favored by traders:
โข Gradual entry at current levels
โข SL below $0.098
โข TP1: $0.120
โข TP2: $0.135
โข TP3 if FOMO kicks in: $0.15+
โIf $0.12 breaksโฆ
those still watching might just start chasing the next green candle.โ ๐๐ฅ
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