#XPL once hyped, now forgotten... but showing a solid opportunity
On the daily timeframe, bearish
momentum is fading and we're seeing early signs of a potential trend reversal. Price is sitting at a low-value zone, forming a falling wedge with a clear bullish divergence on RSI a strong combo
for a possible reversal
Entry plan: Long on breakout targeting $0.46-$0.51
Conservative approach: wait for breakout + retest
Stop-loss: slightly below the breakout candle close or wick
#plasma $XPL
On the daily timeframe, bearish
momentum is fading and we're seeing early signs of a potential trend reversal. Price is sitting at a low-value zone, forming a falling wedge with a clear bullish divergence on RSI a strong combo
for a possible reversal
Entry plan: Long on breakout targeting $0.46-$0.51
Conservative approach: wait for breakout + retest
Stop-loss: slightly below the breakout candle close or wick
#plasma $XPL