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XPL's chart is painting a tough picture right now. The weekly setup looks weak across the board. Thing is, unless it can hold and reclaim that $0.44 level, there's basically zero chance of seeing any meaningful bullish momentum kick in on the weekly timeframe. That's the make-or-break zone to watch.
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Another life-and-death line, can we survive this time?
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XPL really can't hold on anymore, the weekly chart looks so bleak.
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Waiting to see if it can rebound back to 0.44, if it drops further, there's no hope.
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The weekly chart is so weak, it feels difficult...
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The life-and-death line is set here; it all depends on whether it can hold.
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0.44 is a threshold; if it's broken, there's no chance.