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Plasma surges 12% – Can XPL break past THIS resistance?

Plasma (XPL) surged 12.89% to $0.1238 on March 17, with trading volume up over 155%, signaling renewed buyer interest. The token rebounded from recent lows, reclaiming the $0.1045 support level and approaching the $0.1259 resistance. Technical indicators show buyers gaining dominance, with the +DI line above -DI and ADX around 21, indicating strengthening trend momentum. Exchange outflows of $664K suggest reduced selling pressure and accumulation behavior. Liquidity clusters above $0.128 could trigger a short squeeze if resistance is broken. Holding above $0.1045 is crucial for further upside, with a break above $0.1259 likely accelerating gains toward $0.128.

ambcrypto03/17 19:02