$XPL is consolidating near a key demand zone after the recent long liquidation, suggesting weak leveraged longs have been cleared. Buyers are defending support, and a successful reclaim of resistance could restore bullish momentum.

EP

0.0735 – 0.0745

TP

0.0765

0.0790

0.0825

SL

0.0715

Support

0.0730

Resistance

0.0768

Next Target

0.0855

Pro Tip

Long liquidations often create high-probability reversal setups. Wait for a confirmed bounce from the demand zone or a breakout above resistance with increasing volume before entering.

Price remains above a key support area despite recent weakness. A reclaim of nearby resistance could trigger expansion toward higher targets.

Let’s go $XPL

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