$XPIN just experienced a long liquidation, and this kind of correction is healthy. It’s allowing the market to reset, shake out weak positions, and prepare for a more sustainable move higher.

Trade Setup:

Entry Zone: $0.00274 – $0.00276

Target 1: $0.00281

Target 2: $0.00287

Stop Loss: $0.00272

I’m watching this zone closely because it has acted as a strong support previously and coincides with the 0.382 Fibonacci retracement from the last swing. They’re building strength around $0.00275, and if this level holds, XPIN could easily target $0.00287.

The $1.55K long liquidation at $0.00277 shows buyers stepping in decisively. If volume confirms, this zone becomes an attractive risk/reward area for the next leg up.