🔥 $XPL Showing Strong Uptrend — But Near Overbought Zone
$XPL has broken through multiple resistance levels with strong volume expansion, especially during the impulsive move from 0.078 → 0.094. This confirms solid bullish momentum.
However, the latest candles are showing hesitation near the 0.094 resistance, and volume has started to decline — suggesting a possible short-term consolidation before the next move.
📊 Volume Analysis Recent 1H candles show decreasing volume on the latest push higher (from 45M down to 1M), signaling weakening momentum at current levels.
💰 Money Flow Net inflows remain strong across all timeframes: • 5M: +168K
• 1H: +3.12M
• 24H: +5.94M
While bullish pressure remains dominant, the recent 1H inflow has slightly moderated — something to monitor closely.
📌 Trading Plan
✅ Long Entry Options: • Buy the pullback to 0.0880–0.0895 (near MA5 support)
OR
• Break and close above 0.0940 with strong volume confirmation
🛑 Stop Loss: Below 0.084
🎯 Target: 0.097 – 0.098
⚠️ Momentum remains bullish, but patience is key. Let the market confirm the next move before entering.
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