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$XPL (1h) - Range Bounce Long
Bias: Long
Entry (Zone): 0.0978 - 0.0986
Targets:
TP1: 0.1002
TP2: 0.1020
TP3: 0.1040
Stop Loss: 0.0957
Why this Setup:
I’m looking for a bounce off the 0.098 support area after the recent pullback from the spike high. Price is holding above the prior breakout zone, and if buyers defend this level I expect a move back into the 0.1000-0.1040 resistance band.