$XPD USDT just delivered a textbook volatility shock, and the market is still buzzing. Price plunged sharply from the 1,800 zone, printing a strong bearish expansion before finding temporary support near 1,666. That level acted as a demand pocket, triggering a quick bounce toward 1,696, but make no mistake—the structure remains fragile. On the lower timeframes, price is trading below MA(7), MA(25), and MA(99), confirming short-term bearish dominance. The moving averages are stacked bearishly, and the recent breakdown shows sellers are still in control despite the relief bounce. Volume spiked aggressively during the sell-off, signaling panic-driven exits rather than a slow correction. The recovery candles are smaller, suggesting cautious dip-buying instead of strong conviction. Immediate resistance sits around 1,720–1,750, where previous support flipped into supply. A rejection there could open the door for another leg toward 1,660 and below. Bulls need a clean reclaim above 1,755 with volume to shift momentum. Until then, XPD remains a high-volatility battlefield where patience, risk control, and confirmation matter more than speed.
XPDUSDT
Perp
1,696.55
+0.43%