$XPL has demonstrated quite interesting technical features at its current price level. This is the first time since early October this year that the 4-hour moving average system has formed a healthy alignment with the price — a signal that is highly valued in technical analysis. From a technical pattern perspective, multiple EMAs are moving upward simultaneously, indicating that short-term momentum is gradually accumulating.

When market conditions improve, this asset may be worth paying attention to. On one hand, $XPL still maintains a certain level of popularity and discussion within the community; on the other hand, after the previous adjustment, the price has released quite a bit of pressure. The completion of technical consolidation combined with the recovery of market sentiment often creates good rebound opportunities. However, traders still need to patiently wait for more confirmation signals, especially when the overall market has not yet shown a clear direction.