🚨 $XPL : Shakeout Complete - Sharp Bottom Long Setup! 🚀
Plan trade: Long 🟢
Entry Zone: 0.150 - 0.155
Take Profit:
🎯 TP1: 0.161
🎯 TP2: 0.165
🎯 TP3: 0.171
Stop Loss: 0.1445
XPLUSDT
Perp
0.1331
-12.89%
🔥 Technical Analysis:
On the H4 chart, $XPL has established a solid bottom at $0.1444 with a long wick, indicating strong buying demand in this zone. RSI is recovering from the lows and trending upwards, signaling seller exhaustion. Price is consolidating sideways around 0.15x to build momentum for a breakout above overhead EMA resistance.
⚠️ SL Explanation:
The 0.1445 level is placed just above the recent lowest wick ($0.1444). If price breaks below this level, the bottoming structure is invalidated and the downtrend may resume.
SOLUSDT
Perp
124.99
-3.86%
