If you missed the last call, this could be one of the last decent chances to build a position on $XPL 📉
Price recently broke below the long-term ascending support trendline. Many retail traders saw that and immediately went short, expecting a bigger crash. That is usually how they get trapped. 🪤
Institutions tend to create liquidity in these areas. They often run stops and clear out retail shorts before the real move. It is a pattern we have seen plenty of times. 🏦
If you are looking to play it smart here, a buy near current levels makes sense, with the next liquidity zone around 0.125 as the main target. 🎯
Price recently broke below the long-term ascending support trendline. Many retail traders saw that and immediately went short, expecting a bigger crash. That is usually how they get trapped. 🪤
Institutions tend to create liquidity in these areas. They often run stops and clear out retail shorts before the real move. It is a pattern we have seen plenty of times. 🏦
If you are looking to play it smart here, a buy near current levels makes sense, with the next liquidity zone around 0.125 as the main target. 🎯