$XLE Rallies Into Resistance – Breakout Watch
#XLE has rallied into the $63.17 resistance zone on the 1H chart after bouncing from $61.70. Price is now consolidating near $63.16, with the $62.80 level acting as immediate support.
A breakout above $63.17 could fuel a move to $63.60+. If sellers step in, $62.40 may be tested.
Entry: $63.10–$63.20
TP1: $63.70
TP2: $64.20
TP3: $64.80
SL: $62.70
LONG AND TRADE
$QNT
$BTW
#XLE has rallied into the $63.17 resistance zone on the 1H chart after bouncing from $61.70. Price is now consolidating near $63.16, with the $62.80 level acting as immediate support.
A breakout above $63.17 could fuel a move to $63.60+. If sellers step in, $62.40 may be tested.
Entry: $63.10–$63.20
TP1: $63.70
TP2: $64.20
TP3: $64.80
SL: $62.70
LONG AND TRADE
$QNT
$BTW
