🟩🟩 $XPL LIMIT LONG TRADE 🟩🟩
Long #XPL
Entry: 0.114 – 0.110
Stop Loss: 0.103
TP1: 0.124
TP2: 0.132
TP3: 0.142
Why put the limit order there?
1️⃣ Previous Resistance → Support
The 0.110–0.114 zone was a previous resistance area that price recently broke above. If price pulls back, this level can act as new support.
2️⃣ Bullish Market Structure
On the 4H chart, price is forming higher highs and higher lows, showing a clear bullish trend continuation.
3️⃣ Healthy Pullback Zone
Instead of chasing the current pump, waiting for a retracement into support provides a better risk-to-reward entry.
4️⃣ Continuation Potential
If the structure holds, $XPL could continue its momentum toward the 0.13+ liquidity zone.
✅ Simple plan
Place a limit buy around 0.112
Stop loss 0.103
Take profits gradually as price moves toward the next resistance levels.
⚠️ Invalidation
If price breaks and closes below 0.103, the bullish structure fails and deeper downside could follow.
This trade idea includes the invalidation level. Always manage your risk and do your own research (DYOR). Not financial advice. 🚀
Trade $XPL here 👇 📈
Long #XPL
Entry: 0.114 – 0.110
Stop Loss: 0.103
TP1: 0.124
TP2: 0.132
TP3: 0.142
Why put the limit order there?
1️⃣ Previous Resistance → Support
The 0.110–0.114 zone was a previous resistance area that price recently broke above. If price pulls back, this level can act as new support.
2️⃣ Bullish Market Structure
On the 4H chart, price is forming higher highs and higher lows, showing a clear bullish trend continuation.
3️⃣ Healthy Pullback Zone
Instead of chasing the current pump, waiting for a retracement into support provides a better risk-to-reward entry.
4️⃣ Continuation Potential
If the structure holds, $XPL could continue its momentum toward the 0.13+ liquidity zone.
✅ Simple plan
Place a limit buy around 0.112
Stop loss 0.103
Take profits gradually as price moves toward the next resistance levels.
⚠️ Invalidation
If price breaks and closes below 0.103, the bullish structure fails and deeper downside could follow.
This trade idea includes the invalidation level. Always manage your risk and do your own research (DYOR). Not financial advice. 🚀
Trade $XPL here 👇 📈