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Mr_SAAD
🟢 $XPL Bullish Alert 📈
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.
💰 Entry Zone: $0.0768– (on pullback)
🎯 Targets: $0.0790 → $0.0810 → $0.0835
🛑 Stop Loss: Below $0.0750
📍 Support: $0.07700–$0.0750
📍 Resistance: $0.0790–$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: ⭐⭐⭐☆☆ (3/5 Bullish) — A $5.0079K short liquidation supports short-term upside momentum, showing moderate buying pressure from forced short covering
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