@Plasma is currently trading in a stabilization zone after a sharp corrective move from the 0.14â0.15 region. The recent price action around 0.083â0.084 suggests selling pressure is cooling, with short-term MAs flattening and volume showing signs of absorption near support. Market sentiment remains cautiously constructive, as buyers defend the base while waiting for a confirmed structure shift.
Key Support: 0.078â0.080
Key Resistance: 0.092â0.100
Buy Zone: 0.080â0.085 (on confirmation)
Short-Term Target: 0.095â0.105
Risk Note: A breakdown below 0.078 may invalidate the base and extend the downtrend.
âStrong trends are born from quiet accumulation.â
If @Plasma can reclaim the short-term resistance with volume expansion, momentum may rotate back in favor of bulls. Keep an eye on volume confirmation and higher-lows formation for trend validation.
Follow @Plasma for ecosystem updates, track $XPL closely, and manage risk smartly.
đ Stay patient, trade the structure, and let price confirm the move.