@Plasma #XPL $XPL Is the Bottom In? 📊
"Analyzing the 4-hour chart,
$XPL has shown remarkable resilience, finding strong support at $0.106. This 'Iron Bottom' has successfully held against multiple downward tests, signaling strong accumulation from buyers.
Immediate Resistance: $0.145 – a key level to watch for a breakout.
RSI: Currently hovering in the oversold territory, suggesting a potential bullish reversal.
Volume: We're seeing consolidation volume, indicating that smart money might be positioning.
If we manage to break above $0.145 with significant volume, the next target could be $0.20. Keep a close eye on these levels! #TechnicalAnalysis #XPLTrading #BinanceSquare"