$XPL /USDT ‌

The current price is hovering around $0.2671, down -9.51% in the last 24 hours. After a sharp decline from the $0.2955 zone, the market found short-term support near $0.2552 — showing early signs of a possible relief bounce.

On the 1H chart, bearish momentum still dominates, but a short-term recovery attempt is underway. The candles are trying to reclaim key levels, yet overall market pressure remains heavy.

Trade Setup

• Entry Zone: $0.2660 – $0.2710
• Target 1 🎯: $0.2750
• Target 2 🎯: $0.2820
• Target 3 🎯: $0.2900
• Stop Loss: $0.2550

If buyers manage to push beyond $0.275 resistance with solid volume, we could see a quick bullish reaction. But failure to hold current levels may lead to another drop below $0.255, confirming a deeper correction phase.

Watch the next few candles closely — this could be the calm before another storm… or the spark before a reversal rally.

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XPL-4.37%

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