$MPLX sitting at a crossroads — 25x rally incoming or bloodbath first?
Already nuked 98% from Oct 2024 highs. Bottomed at $0.0148 in June 2026, then ripped 800% to $0.1328.
Setup:
$0.10 = major resistance wall
Entry zone: $0.058–$0.042
Expecting 40–70% retrace before next leg
Invalidation: weekly close under $0.040
Macro target: $1.10
Bullish divergence just printed — same signal that triggered the last 25x move.
But I'm NOT aping in here. FOMO is maxed out and R/R sucks at current price. Waiting for the dip into my zone + confirmation that support actually holds.
If $MPLX reclaims $0.10 on HTF close and holds? Then we talk continuation.
Patience > chasing green candles. Let it come to you.
NFA. DYOR.
Already nuked 98% from Oct 2024 highs. Bottomed at $0.0148 in June 2026, then ripped 800% to $0.1328.
Setup:
$0.10 = major resistance wall
Entry zone: $0.058–$0.042
Expecting 40–70% retrace before next leg
Invalidation: weekly close under $0.040
Macro target: $1.10
Bullish divergence just printed — same signal that triggered the last 25x move.
But I'm NOT aping in here. FOMO is maxed out and R/R sucks at current price. Waiting for the dip into my zone + confirmation that support actually holds.
If $MPLX reclaims $0.10 on HTF close and holds? Then we talk continuation.
Patience > chasing green candles. Let it come to you.
NFA. DYOR.