🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
XPL recently showed significant abnormal movements, and short-term traders need to pay attention.
**Real-time Data Overview**
On the 30-minute candlestick chart, trading volume increased by 43.1% month-on-month, which usually indicates abnormal fluctuations in capital flow. The current price is 0.1304 USDT, only 0.00% away from the key support level of 0.1306, very close.
**Support and Resistance Distribution**
The support zone below is locked between 0.1251-0.1277, and resistance is around 0.1336. From the 1-hour chart, the 0.1306 level is highly significant—it is not only the current price benchmark but also a critical point for bulls to defend.
**Trading Ideas**
A sharp increase in trading volume often signals the eve of a market move. Consider placing buy orders around 0.1306, with take profit locked in at the resistance level of 0.1336. This setup provides a favorable risk-reward ratio.
Of course, abnormal volume movements are just one of the reference dimensions; other indicators should also be considered for comprehensive judgment. Keep a close eye on XPL’s subsequent volume and price action, especially whether it can effectively hold the support and break upward.