I’m looking at $XPL /USDT around 0.08307, and the short-term chart is still leaning weak after dropping from roughly 0.08321 toward 0.08303. The small bounce back to 0.08307 is interesting, but I’m not seeing enough confirmation yet.
For me, 0.08303–0.08307 is the area to watch. Price is currently sitting just above the visible MA60 at 0.08300, so I’d like to see buyers defend this area and push price back above 0.08308 before considering the setup attractive.
If that happens, the visible levels above give me 0.08312 and 0.08316 as reasonable areas to watch. I’d keep expectations modest because the recent move is downward and the bounce is still small.
📍 Entry: 0.08303–0.08307
🎯 TP1: 0.08308
🎯 TP2: 0.08312
🎯 TP3: 0.08316
🛑 Invalidation: 0.08300
If price loses 0.08300, I’d step away from this setup because it would mean the price has moved below the visible MA60 support area.
For now, I’m waiting for confirmation rather than chasing the bounce.
For me, 0.08303–0.08307 is the area to watch. Price is currently sitting just above the visible MA60 at 0.08300, so I’d like to see buyers defend this area and push price back above 0.08308 before considering the setup attractive.
If that happens, the visible levels above give me 0.08312 and 0.08316 as reasonable areas to watch. I’d keep expectations modest because the recent move is downward and the bounce is still small.
📍 Entry: 0.08303–0.08307
🎯 TP1: 0.08308
🎯 TP2: 0.08312
🎯 TP3: 0.08316
🛑 Invalidation: 0.08300
If price loses 0.08300, I’d step away from this setup because it would mean the price has moved below the visible MA60 support area.
For now, I’m waiting for confirmation rather than chasing the bounce.
