$XPIN USDT has faced a massive -39.99% drop, showing a strong bearish reversal after a sharp rally.

Here’s a quick breakdown:

Last Price: 0.003615 USDT

24h High: 0.006296

24h Low: 0.003522

Volume: 13.37B XPIN

Chart Breakdown:

After hitting the top at 0.0103180, XPIN started losing momentum. The MA(7) has now crossed below the MA(25), confirming bearish pressure. The huge red candle shows a strong sell-off with high volume, meaning traders are taking profits and exiting positions.

Key Levels:

Immediate Support: 0.0035

Next Support: 0.0020

Resistance Zone: 0.0046 – 0.0051

If XPIN fails to hold above 0.0035, it could test deeper supports near 0.0020. However, if buyers manage to hold this zone and volume stabilizes, a short-term rebound toward 0.0045 is possible.

Summary:

XPINUSDT is currently in a cooling phase after an overextended rally. It’s best to wait for confirmation of support before re-entering, as volatility remains extremely high.