#XPL $XPL #plasma
XPL has broken out of its long-term downtrend and is now retesting the breakout zone, a classic bullish continuation setup.
📌 Trade Plan
Buy Zone: Accumulate within the current retest range
Target 1 (TP1): 0.17
Target 2 (TP2): 0.19
🎯 Potential Upside: Approximately 34% from the buy zone if targets are achieved.
📈 Technical Insight:
The successful breakout signals a shift in trend structure
The ongoing retest helps confirm the breakout as support
A strong hold above the breakout level increases the probability of continuation toward higher targets
This setup favors patience and disciplined entries during the retest, positioning for momentum expansion once confirmation occurs.