⚡ $XPL /USDT — Oversold Bounce or Breakdown Trap?
📈 Trade Plan — LONG
Entry: 0.094745 – 0.095489 🟩
Stop Loss: 0.092886 🛑
🎯 TP1: 0.097347
🎯 TP2: 0.098091
🎯 TP3: 0.099578
Why This Setup?
• 4H structure leaning bullish
• 15M RSI at 27 → extreme short-term oversold
• Trading within daily range support
• Defined, tight invalidation level
An RSI this compressed often signals exhaustion — especially if price is sitting on support rather than free-falling.
If 0.095 holds and momentum curls upward, 0.0973 becomes the first liquidity magnet.
Acceptance above TP1 increases probability of rotation toward the upper range near 0.0995.
Oversold ≠ guaranteed bounce.
Watch for:
• Weak volume on rebound
• Lower highs forming quickly
• Breakdown below 0.092886 (range failure)
If support cracks, the “trap” narrative becomes valid and downside expansion can accelerate.
#Crypto #TradingSignals #FOMO #XPL
