2026-01-20 03:29:39

XPL has recently experienced a noteworthy fluctuation. The 30-minute candlestick volume suddenly surged by 99.2%, and such an increase in volume usually does not occur without reason.

The current price is at 0.1314 USDT, only 1.35% away from the key support level at 0.1315. From the hourly chart, this is an important resistance point. If the price continues to decline, whether the support can hold will be the next focus.

From a trading perspective, many traders are considering positioning long around 0.1315, targeting the resistance at 0.142. The upward space from support to resistance is relatively clear.

Unusual fluctuations in trading volume are often market signals. Volume spikes accompanied by price behavior near support levels often indicate that the next wave of market movement is about to unfold. Of course, the subsequent trend still depends on the actual buying strength. Keep a close eye on XPL's upcoming performance.

XPL-1,48%

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ContractTearjerker

· 01-20 03:59

99.2% volume increase? This isn't a traffic light, it's a fire alarm😅 The support level is so close, it feels like fishing... The buying pressure is the real boss Can 0.142 really be reached? I'm half convinced, half doubtful It's the same analysis framework again... I've heard it too many times

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CodeZeroBasis

· 01-20 03:58

99.2% volume increase? That's outrageous, it feels like we're about to get chopped again. The support level is so close, almost touching the face, so there must be more buyers... but I'll still wait and see. The target of 0.142 sounds very tempting, but can it really reach that? The key to this wave of market movement still depends on whether there are genuine buyers stepping in.

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GasFeeTherapist

· 01-20 03:49

99.2% volume increase? We have to be cautious, retail investors are being caught off guard. Does the support level at 0.1315 really hold? It feels a bit shaky. I'll stay on the sidelines for now, don't rush to buy. Such unusual movements are often the main players testing the market. Let's wait and see if the trading volume can be sustained, that's the key. It just dropped and then surged again, clearly someone is playing around.

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MechanicalMartel

· 01-20 03:49

99.2% volume increase? Be careful with this, it can easily become a bait for the main players to offload. --- The support is about to break, I still need to wait and see if there's genuine buying interest. --- The 0.1315 level has been swept multiple times already, feels like it has little reference value. --- It's both volume increase and support/resistance, after all the analysis, it's just a gamble on whether it will rally next. --- The real question is who is buying, otherwise all the analysis is pointless.

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PessimisticOracle

· 01-20 03:41

Is a 99% volume increase that exaggerated? I think many of these are just sell-offs being dumped, don't be fooled.

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SchrodingerWallet

· 01-20 03:38

99.2% volume increase? That must be some big news, otherwise who would dump the market so aggressively? Support level is so close, a little more drop and it's a bottom-fishing opportunity? That's a bit risky, better to be cautious.

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