$XPL is showing a strong reversal signal! 🚀 The hourly chart has successfully formed an intraday double bottom, with price action starting to bounce against the recent downtrend. Interestingly, despite the price dip, Open Interest (OI) remains steady a classic sign of market maker accumulation in long positions. High conviction entry point here
Since everyone thinks it can't go any lower, I'm saying it will go much lower!!! It will fall below $50!If you think about it, you'll realize that only the short position is good!