Entry: When there is a slight dip near $0.75–$0.77 to achieve a better risk-reward. · Taking profits: · TP1: $0.85 · TP2: $0.90 ( If the momentum continues ) · Stop Loss: $0.70 ( Below the last support ) Technical Indicators · RSI: It is likely to be in the overbought area (>70) due to the sharp rise. Caution is advised for a short-term pullback. · MACD: It is likely to be bullish given the upward trend. · Support/Resistance: · Nearest resistance: $0.8575 · The next resistance level: **$0.8500** (Note: This may be a typographical error; the levels should be ascending. It is possible that $0.85 is the support and $0.8575 is the resistance). ⚠️ Risk Warning · This is a highly volatile currency. A pump of +674% can lead to a sharp correction. · Use strict risk management. Avoid FOMO buying at the peak. #Xpl #XplLaunchpad #XplTokenSaleNowThrough
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Entry: When there is a slight dip near $0.75–$0.77 to achieve a better risk-reward.
· Taking profits:
· TP1: $0.85
· TP2: $0.90 ( If the momentum continues )
· Stop Loss: $0.70 ( Below the last support )
Technical Indicators
· RSI: It is likely to be in the overbought area (>70) due to the sharp rise. Caution is advised for a short-term pullback.
· MACD: It is likely to be bullish given the upward trend.
· Support/Resistance:
· Nearest resistance: $0.8575
· The next resistance level: **$0.8500** (Note: This may be a typographical error; the levels should be ascending. It is possible that $0.85 is the support and $0.8575 is the resistance).
⚠️ Risk Warning
· This is a highly volatile currency. A pump of +674% can lead to a sharp correction.
· Use strict risk management. Avoid FOMO buying at the peak.
#Xpl #XplLaunchpad #XplTokenSaleNowThrough