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XPL Holds Above $0.1612 Support Amid Tight 4H Chart Range

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XPL
$0.1284-8.87%
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BTC
$88,293.900.03%
XPL holds above the key support level at $0.1612, currently trading at $0.1617 after a 5.9% drop in 24 hours. The 4-hour chart shows tight consolidation just below a long-term downtrend line, forming a potential support & resistance zone. Upper resistance sits at $0.1789, while the XPL/BTC pair rose 4.1% to 0.00051792. Traders are watching for a breakout or reversal near the trend line.
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