XPL Short-Term Structure Holding
XPL is digesting its recent impulsive move and pausing near local resistance. The current pullback looks controlled, with price cooling rather than showing distribution. This type of behavior often signals strength, not exhaustion.
As long as the higher low structure remains intact and support continues to hold, continuation to the upside stays on the table. No need to chase here. Patience around the entry zone is key while the market decides.
Trade Framework
Bias: Long
Entry Zone: 0.1290 to 0.1315
Target 1: 0.1340
Target 2: 0.1380
Target 3: 0.1420
Invalidation: 0.1270
Let structure guide the trade and allow price to confirm before committing.
