📊 XPL/USDT PERP — LONG SETUP (15m)
Market Context:
After a sharp impulsive move to the upside, price faced rejection and pulled back into a demand / support zone. The pullback shows signs of selling exhaustion, followed by a small bullish reaction, suggesting a potential continuation move.
This setup is based on pullback-to-demand + trend continuation logic.
🔵 Entry (LONG)
Entry Zone:
0.1268 – 0.1273
Price has reclaimed short-term support and is holding above the reaction low, making this zone favorable for long positions.
🔴 Stop Loss
SL:
0.1249
Below the recent swing low
Below demand zone
Protects against false bounce
🟢 Take Profit Targets
TP1: 0.1305
TP2: 0.1326
TP1 near previous resistance
TP2 near the impulse high / liquidity area
Risk-to-reward remains favorable if price sustains above entry.
❌ Invalidation
This setup will be invalid if:
Price closes below 0.1249 on the 15m timeframe
Strong bearish candle breaks and holds below demand
In that case, bullish bias is canceled and waiting for a new structure is advised.
🧠 Trade Idea Summary
Trend: Short-term bullish continuation
Structure: Pullback after impulse
Zone: Demand retest
R:R: Healthy & controlled
⚠️ Always manage risk properly. This is a technical setup, not financial advice.
