Liquidation Reference: $0.06296
Entry Zone: $0.0632 – $0.0638
Stop-Loss: $0.0615
TP1: $0.0660
TP2: $0.0683
TP3: $0.0708
Trade Analysis:
Long liquidations near $0.06296 suggest a level to monitor for potential liquidity absorption. If XPL holds above this reference and reclaims $0.0638 with stronger buying volume, a move toward nearby resistance levels may develop. A confirmed retest would improve entry quality.
Invalidation: A sustained breakdown below $0.0615 invalidates the bullish scenario. Use controlled leverage and protect capital.
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