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$XPIN update 👀
Another VIP setup is playing out exactly as planned.
After spending weeks building an accumulation base, price finally broke out of the range and delivered the impulsive move we were waiting for. The structure remains bullish as long as the breakout holds.
🟢 Bullish scenario:
Price consolidates above the breakout zone.
Previous resistance flips into support.
Buyers defend the current range.
Then we continue toward the next HTF target around 0.0023+.
The initial breakout has already confirmed the strength of the move. Now it's all about holding higher lows and allowing the trend to continue.
🔴 Bearish scenario:
If price loses the breakout level and falls back into the previous range, momentum would weaken and a deeper retracement toward the EMA and accumulation zone becomes more likely.
At the moment, however, sellers haven't shown enough strength to invalidate the breakout.
🎯 Key levels:
0.00178 = breakout confirmation
0.00146 = major support
0.00232 = next HTF target
As long as we're holding above the breakout, I remain bullish. This is another ongoing VIP trade that continues to play out according to plan, and the higher target is still on the table. 🚀