Told you we were watching $XPL, and now it is sitting right on 0.0775 like it knows we are here.
Price has been coiling under this level and nobody outside this group seems to notice yet. That kind of quiet compression usually does not last.
If it breaks 0.0775 with real volume I am watching 0.07844 next, that is where the last resistance sat. And if it loses 0.07623 then I am stepping back, that opens the door down to 0.07519.
No trade from me yet. Level first, entry after.
Break or reject here, what is your read?
$XPL
Price has been coiling under this level and nobody outside this group seems to notice yet. That kind of quiet compression usually does not last.
If it breaks 0.0775 with real volume I am watching 0.07844 next, that is where the last resistance sat. And if it loses 0.07623 then I am stepping back, that opens the door down to 0.07519.
No trade from me yet. Level first, entry after.
Break or reject here, what is your read?
$XPL