$XPL is trading at $1.5127, up a sharp +26.18% on the day.
The intraday high touched $1.6123, while the low was $1.1153 – showcasing massive volatility and trader attention.
🔥 What’s Driving the Move?
Campaign hype & market buzz around $XPL is attracting fresh liquidity.
Heavy 24h volume of 800M XPL ($1.04B USDT) confirms strong buying pressure.
Momentum traders are piling in after the breakout above the $1.30–1.35 consolidation zone.
📊 Key Levels
Support: $1.45 – $1.33
Resistance: $1.61 – $1.72
📈 Trend Outlook
The short-term trend is bullish, with buyers aggressively defending dips.
However, the rejection near $1.61 suggests profit-taking pressure at higher levels.
💡 Trade Idea
If $XPL holds above $1.45–1.50, it could attempt another breakout towards $1.62–1.72.
If breaks below $1.45, a quick pullback to $1.33–1.25 support is possible.
✅ Trade Possibility
👉 The setup favors a Buy on dips, with entry around $1.45–1.50, targets at $1.62–1.72, and a stop-loss under $1.33.
Short scalps on rejection zones are possible for sellers, but the broader momentum remains bullish.
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