🚨 $XPL just printed a +26% daily candle. Is this the start of a trend reversal or just a relief rally?
After weeks of compression and a brutal flush toward $0.06, plasma reclaimed the $0.10 psychological level and is now attacking local resistance around $0.115. Volume expansion confirms buyers are finally stepping in.
From an Elliott Wave perspective, the recent low looks like a completed corrective structure, with today's impulsive move potentially marking the start of a new bullish sequence.
📈 Key levels:
• Support: $0.095-$0.10
• Resistance: $0.12 then $0.15
My view: as long as $0.10 holds, I expect continuation toward $0.15+ over the coming weeks.
Are you buying the breakout or taking profits here?