altcoinalert

$XPL is currently trading around 0.0783, and the chart tells a brutal but exciting story. After weeks of continuous selling pressure, the price has dropped heavily from the 0.14+ zone and is now hovering dangerously close to the 0.0700 support, a level that could define the next major move. This isn’t just another dip — this is a decision zone.

Volume has suddenly spiked, which often signals panic selling mixed with quiet accumulation 👀. Weak hands are getting shaken out while patient traders are watching closely. On the 4H timeframe, price remains below key moving averages, confirming the downtrend, but historically these moments of extreme fear are where unexpected reversals are born.

If 0.0700 holds, we could witness a sharp relief bounce toward 0.083 – 0.095, catching late sellers off guard ⚡. A clean break and hold above those levels could slowly shift momentum back in favor of the bulls. However, if this support fails, volatility will explode and price discovery to the downside may continue — not for the faint-hearted.

This is where emotions run high: fear, doubt, and impatience dominate the crowd. But legends are not made in comfort zones. Whether this becomes a launchpad or a trap, one thing is certain — XPL is entering a high-impact phase. Stay sharp, manage risk, and don’t blink… the next move could be violent 💥
@Plasma
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