XDC price jumps over 10% after steady buying but faces selling pressure near key resistance.

XDC Network's price surged more than 10% in the past 24 hours following four days of steady accumulation totaling $363,830. This buying buildup laid the foundation for the rally, supported by a nearly 10% rise in perpetual market open interest to $4.8 million. However, technical indicators show XDC nearing an overvalued supply zone with buyers starting to exit, signaling potential price pressure ahead. Liquidity clusters below the current price and a flattening Accumulation/Distribution indicator suggest a possible downturn despite short-term bullish momentum.