XPL/USDT – 4H Market Analysis & Trade Setup 📊🔥
XPL is still in a broader downtrend, but price is showing short term recovery signs after bouncing from the 0.113 area. RSI is holding above mid level, which suggests buyers are slowly stepping in. Supertrend is still above price, so trend confirmation is not complete yet. This looks like a cautious bounce, not a full reversal.
Trade Setup (Short Term Swing)
📌 Entry: 0.122 – 0.125
🛑 Stop Loss: 0.113 (below recent low)
🎯 Take Profit 1: 0.130
🎯 Take Profit 2: 0.145
🎯 Extended TP: 0.153 if volume expands
Trend View 🔍
• Overall trend: Bearish
• Short term: Relief bounce / consolidation
• Key support: 0.113 – 0.115
• Key resistance: 0.130 – 0.153
If price breaks and closes above 0.130 on strong volume, we may see a stronger push upward. Rejection at resistance means range trading or continuation down.
Trade with risk management and patience. Not financial advice.
@Plasma 🚀📈
