🚨 $XPL Market Update: Possible Trend Reversal Alert
📉 Since the launch of the $XPL contract five months ago, price has been in a continuous downtrend.
⬇️ Today, $XPL touched its historical lowest price, marking a sharp 70% drop from the all-time high.
🔄 After hitting this bottom, price reacted immediately and moved upward, flipping the daily candle from bearish to bullish.
📊 This shift suggests a potential trend reversal, making today a critical turning point.
💰 Contract open interest has surged to $110 million, while total market capitalization stands near $220 million — indicating strong market participation.
⏱️ On the hourly chart, price action is showing continuous higher highs, signaling growing bullish momentum.
🚀 Early positioning could offer a strong risk-reward setup as momentum builds.
⚠️ As always, manage risk wisely and confirm entries with your strategy.$