1. 24H capital inflow into the contract market, with an increase of +6.56%; bullish momentum is being strongly released and buying support is robust.
2. 1-hour MACD (9,26) golden cross continues, bullish momentum bars are steadily expanding, and operation above the zero axis confirms a short-term upward trend.
3. RSI(14) is at 62, in a neutral-to-bullish range, not yet in the overbought area, still has upward potential, and there are no obvious divergence signals.
4. After breaking above the MA20 moving average resistance, the price continues to rise. Capital inflow and price increase are resonating, and the volume-price relationship is healthy.
Support Levels:
1. $0.1890 (MA20 moving average support)
2. $0.1835 (Fibonacci 0.382 support)
Resistance Levels:
1. $0.2050 (near recent high)
2. $0.2120 (Fibonacci 0.618 resistance)
Recommended Take Profit: $0.2120, Stop Loss: $0.1890
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$XPL Current Price: $0.1971
Direction: Bullish
Reasons:
1. 24H capital inflow into the contract market, with an increase of +6.56%; bullish momentum is being strongly released and buying support is robust.
2. 1-hour MACD (9,26) golden cross continues, bullish momentum bars are steadily expanding, and operation above the zero axis confirms a short-term upward trend.
3. RSI(14) is at 62, in a neutral-to-bullish range, not yet in the overbought area, still has upward potential, and there are no obvious divergence signals.
4. After breaking above the MA20 moving average resistance, the price continues to rise. Capital inflow and price increase are resonating, and the volume-price relationship is healthy.
Support Levels:
1. $0.1890 (MA20 moving average support)
2. $0.1835 (Fibonacci 0.382 support)
Resistance Levels:
1. $0.2050 (near recent high)
2. $0.2120 (Fibonacci 0.618 resistance)
Recommended Take Profit: $0.2120, Stop Loss: $0.1890