$XPL (4-hour): STABLIZING at 0.786 fib and above TRENDLINE

XPL last FRIDAY post, the one I'm quoting, an analysis made before the flash-crash. GOLDEN POCKET support was in-action.

I pointed out the risk due to recent huge OBV distribution (blue arrow) that happened a DAY before the market total collapse. These smart-money players knew sth we didn't, but using rather simple methods I was able to red-flag in due time.

The distribution has ended apparently, I'm seeing a BULL OBV divergence (yellow arrow), and the price action has been building a flat bottom around the 0.786 fib retracement level. And even seems to have reclaimed a falling trendline.

Some really positive, yet still early signs of strenght, which prompted me to dig into research a bit, fundamentals are really amazing, actually. Very legit asset, delivering what has been promised in the background.

See comments for the pill-sized version of the research (on X, here I cant paste images in comments). On my watch for another entry (still holding SPOT at $1.1 average price).

👽💙