I’m watching $XPL closely as it shows strong momentum on Plasma’s Layer 1 blockchain. This project is redefining stablecoin settlements with speed and security, and I’m ready to take a position.
Trade Setup (Long):
Entry Zone: 0.115 – 0.118
Target Points: 0.123 / 0.128 / 0.134
Stop Loss: 0.112
I like this setup because $XPL just bounced from key support, showing buyers stepping in. The volume confirms accumulation, and the price is compressing before a likely breakout. I’m expecting a strong upward move if it holds above my entry zone.
