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$XPL Update — Strong Uptrend, Watch for Consolidation 🔥
$XPL has pushed through multiple resistance levels with solid volume, especially from 0.078 → 0.094. The move shows clear bullish strength, but recent candles near 0.094 suggest some hesitation and reduced volume — a potential short-term consolidation zone.
Key observations:
• 1H volume on the last push dropped from 45M → 1M, indicating momentum is slowing at current highs.
• Money Flow remains positive across timeframes (5m: 168K, 1h: 3.12M, 24h: 5.94M), supporting the uptrend, though 1H inflows are moderating.
Trading plan:
• Entry Long: Wait for pullback to 0.0880–0.0895 (near MA5) or a confirmed break above 0.094 with volume.
• Stop Loss: Below 0.084
• Target: 0.097–0.098
Strong trend, but patience matters — let the setup confirm before entering. 👇
#XPL #XPlusDT #Plasma