🔥 $XPL Is About To Make A BIG Move… Don't Tell Me Later I Didn't Tell You
Many of you guys are probably looking at tokens that already pumped 50%+ and thinking about chasing them now. But honestly, after a move like that, you're already late. The focus should be on finding the next token that hasn't made the big move yet and has a setup where a 100%-200% move is possible from the right entry. Don't worry guys, Meow is here 😼
And $XPL is one I'm watching closely.
Derivatives are interesting OI ~455.8M, funding +0.005%, taker Buy 7.2M vs Sell 5.9M, while top-trader position L/S is ~3.54. OI already cooled from 470M+, so some leverage has been flushed.
Liquidation heatmap + map show major upside liquidity around $0.102-$0.107, while downside liquidity is around $0.097, $0.095, $0.0928 and $0.089-$0.091. If $0.102-$0.103 breaks, that upper liquidity could help fuel the next move.
CVD is mixed futures CVD ~-226M but recovering strongly, spot CVD ~-14.8M. Orderbook delta is positive too: futures +1.3M and spot +576K.
Spot flow is mixed short term but stronger on the bigger picture 1H net -1.18M, 4H -11.94M, while 1D is +18.23M, with large-wallet flow +5.07M. Volume profile also shows major value around $0.091-$0.094.
And the bigger catalyst ~1.76B XPL is scheduled to unlock on September 25, around 17.6% of total supply. That's huge, and the market can front-run an event like this. With the broader data still giving bulls an edge, I think a pre-event move is possible.
Current entry: $0.099-$0.100
Recommended entry: $0.094-$0.098
Deep entry: $0.088-$0.090
TP1: $0.105
TP2: $0.125
TP3: $0.18-$0.20
SL: below $0.084
This isn't a quick scalp. I'm looking at the bigger move into the event, so don't rush the entry.
At the entry zones, I want 2x 30M / full 1H confirmation. If you're willing to wait for stronger confirmation, 4x 1H + 4H would be even better.
👉 My take: I prefer the pullback long over chasing. If XPL holds the bigger structure and reclaims $0.102-$0.103 with improving spot CVD, the setup can become very interesting. $ASTER
Many of you guys are probably looking at tokens that already pumped 50%+ and thinking about chasing them now. But honestly, after a move like that, you're already late. The focus should be on finding the next token that hasn't made the big move yet and has a setup where a 100%-200% move is possible from the right entry. Don't worry guys, Meow is here 😼
And $XPL is one I'm watching closely.
Derivatives are interesting OI ~455.8M, funding +0.005%, taker Buy 7.2M vs Sell 5.9M, while top-trader position L/S is ~3.54. OI already cooled from 470M+, so some leverage has been flushed.
Liquidation heatmap + map show major upside liquidity around $0.102-$0.107, while downside liquidity is around $0.097, $0.095, $0.0928 and $0.089-$0.091. If $0.102-$0.103 breaks, that upper liquidity could help fuel the next move.
CVD is mixed futures CVD ~-226M but recovering strongly, spot CVD ~-14.8M. Orderbook delta is positive too: futures +1.3M and spot +576K.
Spot flow is mixed short term but stronger on the bigger picture 1H net -1.18M, 4H -11.94M, while 1D is +18.23M, with large-wallet flow +5.07M. Volume profile also shows major value around $0.091-$0.094.
And the bigger catalyst ~1.76B XPL is scheduled to unlock on September 25, around 17.6% of total supply. That's huge, and the market can front-run an event like this. With the broader data still giving bulls an edge, I think a pre-event move is possible.
Current entry: $0.099-$0.100
Recommended entry: $0.094-$0.098
Deep entry: $0.088-$0.090
TP1: $0.105
TP2: $0.125
TP3: $0.18-$0.20
SL: below $0.084
This isn't a quick scalp. I'm looking at the bigger move into the event, so don't rush the entry.
At the entry zones, I want 2x 30M / full 1H confirmation. If you're willing to wait for stronger confirmation, 4x 1H + 4H would be even better.
👉 My take: I prefer the pullback long over chasing. If XPL holds the bigger structure and reclaims $0.102-$0.103 with improving spot CVD, the setup can become very interesting. $ASTER
