Plasma is on fire today, up 40% in just 24 hours!
Currently trading at 0.1250, and RSI on the 1-hour, 4-hour, and 1-day timeframes are in the overbought zone. The important thing is the weekly timeframe, where the RSI is also approaching the overbought zone. If it enters that zone, it may lead to a move from 0.15 to 0.2.
A short-term correction is highly possible towards the MA7 on the 1-hour and 4-hour timeframes. Maintain the stop-loss at 0.105. For those who want to take a long position:
$XPL Preferred entry: 0.116 - 0.106
Stop-loss at 0.104
Targets: 0.13, 0.14, 0.153, 0.165, 0.18, 0.2
Leverage: 10x
#IntradaySignals
Currently trading at 0.1250, and RSI on the 1-hour, 4-hour, and 1-day timeframes are in the overbought zone. The important thing is the weekly timeframe, where the RSI is also approaching the overbought zone. If it enters that zone, it may lead to a move from 0.15 to 0.2.
A short-term correction is highly possible towards the MA7 on the 1-hour and 4-hour timeframes. Maintain the stop-loss at 0.105. For those who want to take a long position:
$XPL Preferred entry: 0.116 - 0.106
Stop-loss at 0.104
Targets: 0.13, 0.14, 0.153, 0.165, 0.18, 0.2
Leverage: 10x
#IntradaySignals
