#plasma $XPL Here is your expanded version — more depth, stronger structure, still technical and professional:
After a robust upward expansion, $XPL is currently stabilizing and remains above its most recent breakout pattern. Price is reacting inside a short-term resistance zone where sellers previously stepped in, making this a critical decision area. Immediate resistance aligns near the latest swing high, while support is positioned around the prior breakout level, now acting as a demand base.
As long as price holds above mid-range support and key moving averages, bullish structure remains intact. Volume behavior will be crucial here — increasing volume on breakout strengthens continuation probability, while declining volume near resistance may signal exhaustion.
A confirmed breakout could expose the next liquidity pocket and extend the current trend leg. However, rejection at resistance may trigger a corrective pullback toward demand, offering improved risk-to-reward positioning. Overall bias remains cautiously bullish while structure holds.
