$XPL Showing Strong Recovery Signs! 🚀
The market is heating up! Looking at the 15m chart for $XPL , we just saw a solid bounce from the 0.0781 support level. The bulls are clearly stepping in, pushing the price back up to the 0.0875 range—that's a sweet +8.29% move in the short term! 📈
Why I’m watching Plasma today:
Volume Spike: 24h volume is healthy at 63.67M USDT, showing that the liquidity is there for a real move.
V-Shape Recovery: We’ve reclaimed a good portion of the recent dip, and the price is currently testing the local resistance near 0.0889.
Ecosystem Strength: With Plasma's focus on zero-fee stablecoin transfers and the recent XPL staking updates, the fundamental floor feels much stronger.
If we can hold above 0.0850, we might be looking at a test of the 0.0900 psychological barrier sooner than expected. I'm keeping a close eye on the order book—buyers are currently outnumbering sellers (56% vs 43%)! 📊
What’s your move? Are you longing the recovery or waiting for more confirmation? Let’s discuss below! 👇
