š $XPL / USDT ā LONG TRADE SIGNAL š¢
š„ Market Overview:
$XPL is showing a strong bullish continuation structure, supported by a steady ascending trendline and growing momentum. The recent breakout above $0.425 indicates a shift in market sentiment as buyers push toward the key resistance area near $0.480. Sustaining above trendline support will likely drive a breakout toward higher targets.
š Trade Setup:
š Entry Zone: $0.425 ā $0.430
šÆ TP1: $0.470
šÆ TP2: $0.4876
š Stop Loss: $0.3968
š” Market Outlook:
Price is maintaining a clear higher low structure ā a bullish sign.
Aroon indicator shows strong upward trend strength (100%).
Holding above $0.425 confirms bullish dominance; momentum targets $0.48+.
If $XPL closes above $0.45 on volume, expect extended bullish continuation.
ā” Strategy & Risk Management:
Leverage: 5ā10x (optional)
Risk Allocation: 2ā3% of wallet
Risk/Reward Ratio: ā 3:1
Plan: Partial profit at TP1, move SL to entry, ride the trend to TP2.
ā Summary:
Trend: Bullish Continuation
Setup Type: Trendline Breakout
Targets: $0.470 ā $0.4876
Bias: LONG