In the last 30 minutes, trading volume surged by 97.5%, and market activity has significantly increased. Many traders are beginning to focus on the subsequent movements of this asset.
Currently, $XPL is stable around 0.1722 USDT, but what’s truly worth noting is the support level below— the key support is locked at 0.1731, only 0.40% away from the current price, forming a short-term defense line that is not easy to break. More precisely, the support zone between 0.1731 and 0.1733 is clearly visible. Once the price retraces to this area, it usually attracts a lot of buy orders.
From a trading perspective, such a surge in volume often indicates the start of a new trend. If you’re interested in going long, you can place buy orders near 0.1731, with resistance set at 0.1774 above. The profit potential remains relatively clear.
However, it’s important to note that increased volume can indeed be a precursor to market breakout, but it might also just be a short-term pulse. Instead of blindly following the trend, it’s better to closely observe the price behavior within the support zone and adjust your strategy flexibly. If you can find the rhythm within this anomaly, opportunities still exist.
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OnchainHolmes
· 12-12 08:42
97.5% of the trading volume? It depends whether this is genuine demand or just the prelude to another round of cutting leeks.
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SelfMadeRuggee
· 12-11 20:46
97.5% trading volume surges? What's going on again? How are the coins that behaved like this last time doing now?
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ProposalManiac
· 12-11 13:11
Trading volume surged by 97.5%. You need to see if there's real money behind it; otherwise, it's just a pulse trap.
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DeFi_Dad_Jokes
· 12-10 10:30
Trading volume surged by 97.5%. Sounds good, but can this momentum last? I have a feeling it's going to dip again.
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GasBankrupter
· 12-10 10:28
Once again, it's a situation of "clear opportunity," and it depends on whether 0.1731 can hold.
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MidnightGenesis
· 12-10 10:18
On-chain data shows a surge in transaction volume so strong that, as expected, it's the whales accumulating. We need to see if there are new contract deployments or changes to determine whether this move is a genuine breakout or just a false fall.
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ZkSnarker
· 12-10 10:17
ngl this 97.5% volume spike screams "prove it actually happened" energy... support at 0.1731 looking tight but like, have we considered this could just be liquidation noise?
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EternalMiner
· 12-10 10:14
97.5%?Wow, that's quite intense this time.
Can we not have this be a sign of more retail trapping...
With support levels so tight, it feels like something's lurking there.
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DAOdreamer
· 12-10 10:10
Trading volume surges by 97.5%? Is this really another false alarm?
#加密生态动态追踪 $XPL Trading Volume Anomaly Sparks Attention
In the last 30 minutes, trading volume surged by 97.5%, and market activity has significantly increased. Many traders are beginning to focus on the subsequent movements of this asset.
Currently, $XPL is stable around 0.1722 USDT, but what’s truly worth noting is the support level below— the key support is locked at 0.1731, only 0.40% away from the current price, forming a short-term defense line that is not easy to break. More precisely, the support zone between 0.1731 and 0.1733 is clearly visible. Once the price retraces to this area, it usually attracts a lot of buy orders.
From a trading perspective, such a surge in volume often indicates the start of a new trend. If you’re interested in going long, you can place buy orders near 0.1731, with resistance set at 0.1774 above. The profit potential remains relatively clear.
However, it’s important to note that increased volume can indeed be a precursor to market breakout, but it might also just be a short-term pulse. Instead of blindly following the trend, it’s better to closely observe the price behavior within the support zone and adjust your strategy flexibly. If you can find the rhythm within this anomaly, opportunities still exist.