$XPL just went through a brutal shakeout and the chart tells a clear story: a strong downtrend from the 0.11 zone flushed hard into the 0.070 support, triggering panic selling and a sharp -17% daily drop, but price is now hovering around 0.077 with selling momentum slowing, long wicks showing demand stepping in, and volume confirming capitulation rather than continuation, which often marks a short-term bottom or dead-cat bounce area, meaning this is a high-risk, high-reward zone where bears are taking profit, weak hands are gone, and any reclaim above 0.080–0.085 could spark a relief bounce, while losing 0.070 would open the door for another leg down, so this is the moment where patience, risk control, and confirmation matter more than emotion.
XPL
0.0831
+6.67%