well

@Plasma , $XPL , and #plasma Looking at the current XPL/USDT chart, it’s clear that the market is still under bearish pressure. On the 5-minute timeframe, price is trading around 0.1215, and the recent bounce from 0.1208 support was weak, showing a lack of strong buyer momentum.
Price is currently trading below MA(7), MA(25), and MA(99), which generally indicates short-term weakness. The MA(25) in particular is acting as a dynamic resistance, with multiple rejections confirming that sellers are still in control. Volume is also relatively low, suggesting that buyers are not confident enough to push the price higher.
If 0.1208 support breaks convincingly, we could see a move toward the 0.1185–0.1190 zone. On the upside, immediate resistance lies around 0.1230, followed by a stronger resistance near 0.1245–0.1250. A clear breakout and hold above these levels would be required to shift the bias to bullish.
At this point, the market is in a high-risk zone. Scalpers may find short-term opportunities with tight stop-losses, but taking large positions is not recommended. The safer approach is to wait for confirmation—either a strong reaction from support or a clean rejection at resistance.
⚠️ This is not financial advice. Always manage your risk and trade responsibly.
$XPL
{spot}(XPLUSDT)