【$XPL Signal】1H pullback confirmation, sniper for secondary surge | Zero Gas Fee Transfers Ignite Demand

$XPL The 1H timeframe experienced a sharp surge yesterday and is currently in a healthy retracement consolidation phase. The price has built a support platform in the 0.1016-0.1044 range, with the 1H EMA20 (0.0996) providing dynamic support. After a volume breakout on the 4H timeframe, it stabilized above the EMA50 (0.0926), indicating the trend structure has shifted from weak to strong. The order book shows unusually thick buy depth (0.1005-0.1016), with clear main force support intentions. This is a typical feature of a strong coin undergoing a shakeout, preparing for a second rally.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1018 - 0.1025 (Reason: Support zone at the lower edge of the 1H platform, combined with dense buy orders at the upper edge )

🛑Stop Loss: 0.1004 (Reason: Break below the key platform and dense buy zone lower boundary, ATR-based stop loss )

🚀Target 1: 0.1085 (Reason: Previous high resistance level and the starting point of yesterday’s pullback )

🚀Target 2: 0.1155 (Reason: Breakout past previous high and Fibonacci extension at 1.382 )

🛡️Trade Management:

- Position Size Suggestion: Light position (Reason: Intraday volatility has increased, risk control is essential )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks above 0.1085 and stabilizes, consider aiming the remaining position at 0.1155.

Depth Logic: Yesterday’s massive volume bullish candle on the 4H chart (volume increased nearly 6 times) confirmed main force entry, not retail behavior. Although the current 1H RSI (60.93) is neutral, open interest remains stable and has not decreased with the price correction, indicating bulls are not panicking and exiting. Coupled with the core advantages of the @plasma project’s zero Gas fee transfers and stablecoin settlement, which are highly attractive during Binance events, the fundamentals and technicals resonate. Volatility equals profit—seize this retracement opportunity.

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$XPL @plasma

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