$XPL is showing strong short term momentum but it’s now testing an important resistance zone around $0.10.
Price is trading around $0.1001 and has reclaimed the MA200 while staying above the MA7 and MA30. The MA7 has also crossed back above the MA30 which supports the short term bullish structure.
RSI is around 59 and MACD has turned positive, so momentum is improving. But there’s one thing I’m watching closely: volume.
The recent move is strong but volume is still much lower than the spike we saw around the August 20 high. That makes this look more like a range recovery than a confirmed breakout for now.
Key levels:
Resistance: $0.100–$0.105 Major resistance: $0.1116
Support: $0.093–$0.094 Next support: $0.086–$0.088 Major range support: $0.072
A daily close above $0.105 with strong volume could open the way toward $0.1116.
If price gets rejected here a pullback toward $0.093–$0.095 would not be surprising.
For now I’m watching how XPL reacts around $0.10 rather than chasing the move after a 15% daily rally.
$XAU is showing strong buying pressure around the current zone and so far buyers are doing a good job defending the downside.
The key area I’m watching is $4280 to $4300. If gold continues to hold this zone and starts gaining momentum, we could see another push toward the upside levels.
The first targets I’m watching are $4330 and $4360. If momentum remains strong, $4400, $4450, $4500 and potentially $4700 could come into play.
On the downside, $4220 is the level I’d want to see hold. A break below it would weaken this setup and could signal a deeper pullback.
For now, the structure remains interesting for a potential long.
$OP is still holding a bullish structure after breaking out of its 3 week base but today’s rejection near $0.1405 is something to watch.
Price is currently around $0.1236 and remains above the MA7 MA30 and MA200 which keeps the short term structure positive.
However RSI has cooled from the 70 area and MACD momentum is starting to flatten. The long upper wick from $0.1405 also shows strong selling pressure around resistance.
Key levels I’m watching:
Resistance: $0.1405 to $0.143
Support: $0.122
Major support: $0.110
If OP holds $0.122 to $0.110 the breakout structure remains intact and we could see another attempt toward $0.14.
A daily close above $0.143 would strengthen the continuation setup.
On the other hand a daily close below $0.122 could bring the $0.110 MA200 retest into play.
For now I’m watching the daily close. Today’s rejection doesn’t automatically mean the breakout is over.
BONK is trading around $0.00000355 after pushing higher and breaking above the recent range. The short term momentum is clearly improving.
Price is now above both the MA7 and MA30 which is a positive sign. RSI is around 67 showing strong momentum but it is also getting closer to overbought territory.
MACD has turned positive as well with the histogram expanding which suggests buyers are gaining control.
The bigger resistance sits around $0.00000460 near the MA200. If BONK can hold above $0.00000340 to $0.00000355 and continue building momentum then a move toward $0.00000400 and potentially $0.00000460 could come into play.
I would watch the $0.00000340 area closely. Losing that level could bring the price back toward the $0.00000300 zone.
Momentum is with the bulls for now but confirmation and volume are important from here.
I’m watching how price reacts around the entry zone before adding more exposure. If momentum stays strong and $100 breaks cleanly, the move toward $105 and $110 could come into play.
The daily chart is starting to look interesting. OP has pushed above the key moving averages with strong momentum and volume. MACD is turning bullish while buyers are clearly stepping in.
The important zone now is $0.12. As long as OP holds above this area the momentum could continue.
🎯 First target: $0.13 🚀 Next target: $0.143
But RSI is already close to 70 so I wouldn’t blindly chase the pump. A clean breakout or a healthy retest would make the setup much more interesting.