🔥 $XPL Breaking out nicely with volume and flows backing it up. It's actually looking pretty solid at the moment.
We've been in consolidation for a while, but this breakout feels legit – 24h volume jumped to ~464M, way higher than the recent average. Those green candles are coming with increasing volume, so no pump-and-dump vibes here.
Capital flows are the real kicker:
- Contracts: Massive inflows rolling in – +798k (1H), +1.3M (2H), up to +2.4M (6H).
- Spot: Also positive, like +129k (1H) and +649k (2H). Institutional money is definitely flowing in on both sides.
*My take $XPL : Strong bullish signal for now. I'm going long on this one.
*How I'm setting it up:
- Half position right now at ~0.1464 (current price).
- Other half on a pullback to 0.1400–0.1420 (around MA20 support) – better Risk:Reward there.
- If you're aggressive, just enter now with a market order.
- Stop-loss: Around 0.1398 just under key support and MA20.
- Targets $XPL : Take 50% profit at Resistance ~0.1574, then the rest at upper Bolli ~0.174
Quick risk note: Longer-term trend is still bearish (price below MA120), so this is a counter-trend play. Stay disciplined, small size if you're in, and watch for any rejection at resistance. #XPL #XPLUSDT #Plasma