$XPL — Long from discount demand as structure tries to reclaim
Trading Plan (Long):
Entry: $0.1210 – $0.1270
SL: $0.1060
TP: $0.1630
This position is taken inside a clear discount execution zone, where structure is currently interacting with internal range liquidity. The market is showing acceptance at demand, suggesting a potential high-timeframe reclaim rather than a dead-cat bounce. Sell-side liquidity is being absorbed around the local demand zone, and as long as that absorption holds, the structural idea remains intact. This is not a momentum chase — it’s a patience trade built on structure doing its job.
If the previous swing low fails and price accepts below the discount execution level, the setup is invalid and the trade is cut immediately.
Long $XPL
XPLUSDT
Perp
0.1019
-19.63%