Plasma ($XPL ) is currently trading in a consolidation phase as the broader crypto market remains cautious. After a strong early launch, XPL has corrected heavily and is now building support near its current range. Technical indicators suggest selling pressure is slowing, while volume remains stable. This zone could act as an accumulation area for long-term holders. However, a confirmed breakout above key resistance is needed to shift momentum bullish. Traders should watch market sentiment closely and manage risk carefully as volatility remains high.
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