⚡️ $XPL Technical patterns enter a critical moment ⚡️
The recent trend has made many people anxious—$XPL 's structure looks a bit like a 'head and shoulders' pattern is forming 😬. The trading volume has clearly decreased, and the momentum of the previous strong upward movement seems to be dissipating.
However, don't rush to conclusions. 📊 This pattern does not always indicate a crash; sometimes it is just a brief 'washout'—clearing out floating positions, and then suddenly reversing to crush the shorts. 💥
Currently, I still hold my spot position, without panic selling. The key observation is this critical 'neckline area'.
If the price effectively breaks below the neckline, it could indeed usher in a deeper pullback;
but if buying pressure strongly defends this area and trading volume increases again, it could be a 'false drop, real lift' trap.
📅 The next 24–48 hours will be crucial.
The market is testing sentiment and also testing patience.
At this stage, do not over-leverage, do not be swayed by emotions. Maintain your position and patiently wait for confirmation of direction.
This is the art of trading—sometimes the strongest move is to do nothing and watch the changes. 🧘♂️
