$XPT USDT just delivered a brutal wake-up call. After topping near 2,291, price flipped hard and dumped straight into a sharp sell-off, printing a fresh 24h low around 2,055 before a weak bounce. Current price is hovering near 2,085, down ~7.5% on the day, showing clear bearish control.
Technically, the structure has broken. Price is trading below MA(7), MA(25), and MA(99), confirming strong downside momentum. The fast MA rolled over aggressively, slicing through key support zones without hesitation — a classic momentum breakdown. Volume spiked during the drop, signaling panic selling rather than a healthy pullback.
Short-term, 2,050–2,030 remains the critical demand zone. If this floor fails, the door opens for a deeper flush. On the upside, any bounce toward 2,150–2,200 is likely to face heavy selling pressure and act as a relief rally, not a trend reversal.
This move resets the market. Volatility is back, emotions are high, and patience is everything. In phases like this, discipline beats speed — trade levels, not fear.
XPTUSDT
Perp
2,106.43
+0.19%