#plasma $XPL @Plasma XPL contract price has significantly dropped today, currently reported at $0.1045, with a daily decline of over 10%. The price is clearly below the key moving averages of $0.1338 (20-day moving average) and $0.147 (50-day moving average), indicating that both short-term and medium-term trends are in a clear downtrend.

Although technical indicators like RSI have entered the oversold range, momentum indicators like MACD still show that bears are in absolute control, with selling pressure continuing. Analysts believe that in the absence of positive catalysts, it will be difficult for the price to achieve an effective rebound, with the primary resistance level above around $0.1541.