$XPL 1H ๐
XPL is showing a really clean bullish structure here. The breakout from the previous range around $0.087โ$0.089 has held, and price is still comfortably above the Supertrend at $0.08894.
Preferred Setup: LONG
Entry: $0.0925โ$0.0945
SL: $0.0895
TP1: $0.0987
TP2: $0.1030
TP3: $0.1080
What stands out
โข Strong breakout from the previous consolidation
โข Higher highs and higher lows are intact
โข Supertrend remains bullish
โข $0.09874 is the immediate resistance
โข Current price around $0.0959 is already close to resistance, so chasing isn't ideal
The cleaner play is to let XPL cool off into $0.0925โ$0.0945 and see if buyers defend that zone.
If we get a solid 1H close above $0.09874, followed by a retest, the continuation setup gets much cleaner toward $0.103 โ $0.108.
Invalidation: 1H close below $0.0895.
Overall, the structure is looking nice. The trend is doing the work, now the entry just needs some patience.
#Write2Earn
XPL is showing a really clean bullish structure here. The breakout from the previous range around $0.087โ$0.089 has held, and price is still comfortably above the Supertrend at $0.08894.
Preferred Setup: LONG
Entry: $0.0925โ$0.0945
SL: $0.0895
TP1: $0.0987
TP2: $0.1030
TP3: $0.1080
What stands out
โข Strong breakout from the previous consolidation
โข Higher highs and higher lows are intact
โข Supertrend remains bullish
โข $0.09874 is the immediate resistance
โข Current price around $0.0959 is already close to resistance, so chasing isn't ideal
The cleaner play is to let XPL cool off into $0.0925โ$0.0945 and see if buyers defend that zone.
If we get a solid 1H close above $0.09874, followed by a retest, the continuation setup gets much cleaner toward $0.103 โ $0.108.
Invalidation: 1H close below $0.0895.
Overall, the structure is looking nice. The trend is doing the work, now the entry just needs some patience.
#Write2Earn
