
Post
Mr_SAAD
đą $XPL Bullish Alert đ
A $5.0079K short liquidation at $0.07700 signals that bearish positions have been squeezed, creating short-term bullish momentum. The forced short covering has turned $0.07700 into a key support zone, giving buyers the advantage while price remains above this level.
đ° Entry Zone: $0.0768â (on pullback)
đŻ Targets: $0.0790 â $0.0810 â $0.0835
đ Stop Loss: Below $0.0750
đ Support: $0.07700â$0.0750
đ Resistance: $0.0790â$0.0810
As long as XPL holds above $0.07700, buyers are likely to target $0.0790 first and $0.0810 next. A decisive breakout above resistance could extend the move toward $0.0835, while a move below $0.0750 would weaken the bullish setup and increase the probability of a short-term pullback.
Strength Rating: âââââ (3/5 Bullish) â A $5.0079K short liquidation supports short-term upside momentum, showing moderate buying pressure from forced short covering
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