$XPL ALERT: Bearish Now, Massive Accumulation Ahead?AMEX:XPL ALERT: Bearish Now, Massive Accumulation Ahead?
Current Chart View:
AMEX:XPL (Plasma) is showing bearish momentum at current levels. Expect a potential 30%-50% downside, which could create a high-probability accumulation zone for strategic investors.
Key Resistance: $0.32 (blue trendline)
Only a close above $0.32 on higher timeframes (HTF) will trigger a bullish trend reversal. Until then, bears are in control.
Targets if Bullish Breakout Occurs:
Short-term: Price clears $0.32 → bullish momentum resumes
Long-term: $2 possible if price sustains above $0.32
Trading Strategy:
Accumulate in the lower support zone for maximum risk-reward
Wait for HTF confirmation above $0.32 for safer long positions
Watch volume & momentum for breakout validation
Market Insight:
AMEX:XPL offers strategic accumulation potential now, but patience is key. The next bullish move depends entirely on HTF breakout confirmation.
NFA & DYOR
