@Plasma $XPL just turned green on Supertrend. Watching for continuation.
Long Position | XPL/USDT Perpetual
Leverage: 11x Cross
Entry: 0.0835–0.0845
Stop Loss: 0.0805
Target 1: 0.0875
Target 2: 0.0900
Target 3: 0.0940
Market Setup
XPL has bounced sharply from the $0.07488 low, with a strong green 1H candle and a noticeable increase in trading volume. The Supertrend has flipped green, suggesting a potential shift in short-term momentum.
Price is now approaching resistance around $0.0847–$0.0875. A sustained move above this zone could support further upside, while a rejection may lead to a pullback.
The key is whether buyers can maintain momentum after this sudden spike. I would watch for the next candle to hold above the breakout area rather than chase the move immediately.
11x leverage carries significant risk, so keep position size controlled and use a clear stop loss.
#XPL #Plasma #CryptoTrading
@CryptoNewsHQ @Plasma
Long Position | XPL/USDT Perpetual
Leverage: 11x Cross
Entry: 0.0835–0.0845
Stop Loss: 0.0805
Target 1: 0.0875
Target 2: 0.0900
Target 3: 0.0940
Market Setup
XPL has bounced sharply from the $0.07488 low, with a strong green 1H candle and a noticeable increase in trading volume. The Supertrend has flipped green, suggesting a potential shift in short-term momentum.
Price is now approaching resistance around $0.0847–$0.0875. A sustained move above this zone could support further upside, while a rejection may lead to a pullback.
The key is whether buyers can maintain momentum after this sudden spike. I would watch for the next candle to hold above the breakout area rather than chase the move immediately.
11x leverage carries significant risk, so keep position size controlled and use a clear stop loss.
#XPL #Plasma #CryptoTrading
@CryptoNewsHQ @Plasma