$XPL is trading at $0.09 while the chart still has unfinished business much higher.
First level: $0.165.
Then $0.56.
And the major target sits around $1.68.
That last target would mean roughly +2,700% from the projected base.
Three levels. Three major liquidity points.
The first one is where I’d expect the real test to begin.
If $XPL starts clearing them one by one
this chart could reprice very quickly.
Right now, almost nobody is positioned for that scenario.
$XPL
First level: $0.165.
Then $0.56.
And the major target sits around $1.68.
That last target would mean roughly +2,700% from the projected base.
Three levels. Three major liquidity points.
The first one is where I’d expect the real test to begin.
If $XPL starts clearing them one by one
this chart could reprice very quickly.
Right now, almost nobody is positioned for that scenario.
$XPL
