$XPL at a support which was a long-term hard resistance before
IF this is not a rug, and IF this is not a Blast team, when zooming out this retracement doesn't look so bad
there's still a slight room for a wick/one more dump to 0.7-0.75 area but it would still place the coin at a bullish trendline
could be a good opportunity to start sizing in here and placing bids below as well
but something tells me we'll see a rally very soon
however, as a market-maker I'd stop here for the best structure and momentum, double bottom is forming and we're close to a breakout.
15.15K
20
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.