#XPL
Relative Strength Index 54.84 this is a positive level and indicates the continuation of buying momentum
Technical situation: the price is trading above the midpoint and very close to the upper limit. This situation represents a weak resistance area, and a breakout and stability above the upper limit confirms the continuation of the rise
Summary of the situation: enjoys a good technical position (close to bullish breakout) supported by a positive bitcoin environment
Buy recommendation "accumulation/caution" (retracement to the midpoint)
Trade: Buy - cautious entry (testing support)
Entry: 0.1726 (midpoint) - in case of retracement to it and stability above it
Stop loss: 0.1711 (lower limit)
Market maker's target: accumulation in the support area to prepare for the rise
Target one: 0.1742 (upper limit)
Sell recommendation "strategy" (when losing direction)
Trade: Sell - strategic entry (loss of confidence)
Entry: break 0.1711 (lower limit)
Stop loss: 0.1726 (midpoint)
Market maker's target: liquidating large stop-loss orders for buyers
Target one: 0.1650
Target two: 0.1593 (last major bottom)
