$XPL is staging a sharp V-shaped recovery, surging back to $0.08496 after reclaiming its MA60 ($0.08480). Despite trading down -8.82% over 24h, the lower-timeframe price action shows strong momentum expansion out of the local demand zone at $0.08441. Early short sellers positioning into the previous downtrend are now caught on the wrong side of the move as green volume surges on the reclaim. A clean hold above dynamic support paves the way for a continuation test toward local resistance levels.
🎯 Trade Setup
Direction:
LONG
Entry Zone
$0.08470 – $0.08495
Take Profit 1
$0.08550
Take Profit 2
$0.08680
Take Profit 3
$0.08850
Stop Loss
$0.08430
Risk : Reward
2.30
Trade Type
Scalp
#XPL
🎯 Trade Setup
Direction:
LONG
Entry Zone
$0.08470 – $0.08495
Take Profit 1
$0.08550
Take Profit 2
$0.08680
Take Profit 3
$0.08850
Stop Loss
$0.08430
Risk : Reward
2.30
Trade Type
Scalp
#XPL
