The most common and most likely answer to this crossword clue is the 10 letter word REALISABLE
I've seen this crossword clue in The Daily Telegraph
R
E
A
L
I
S
A
B
L
E
Buddy explains!
The straight part
We know that "It’s within the bounds of possibility" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case it’s within the bounds of possibility = realisable.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does REALISABLE mean?
REALISABLE adjective- Capable of being realized or achieved.