XPL/USDT is showing early signs of recovery after bouncing from the 0.118 support zone. On the 15-minute chart, price is currently trading around 0.1222, holding above the short-term moving averages (MA7 and MA25), which suggests short-term bullish momentum is still active. The recent push toward 0.1245 was met with selling pressure, forming a minor pullback, but volume remains healthy compared to previous sessions. This indicates buyers are still present, even after the rejection.
If price can hold above 0.1205–0.1210, a retest of the 0.1245 resistance is possible. A clean breakout above this level could open the door for a move toward 0.126–0.128 in the short term. However, failure to hold current support may send price back toward the 0.119–0.118 demand zone. Overall structure favors cautious bullish continuation, but traders should manage risk carefully due to recent volatility and fast price swings.
