XPL caught another solid setup this week—we're looking at a clean 1:3 risk-reward ratio playing off key support and resistance levels. The price action setup here is textbook: you've got your entry pinned at resistance, stop below the support zone, and targets running up through previous resistance. This kind of asymmetric risk setup is exactly what price action traders hunt for. Whether you're spotting these on spot trading or watching the intraday moves, the principle stays the same—let the price action tell you where the smart money is flowing. Classic technical play in the current market conditions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
7
Repost
Share
Comment
0/400
GasFeeCrier
· 11h ago
I've heard about the 1:3 ratio so many times, but how many can actually execute it properly...
View OriginalReply0
GateUser-c799715c
· 11h ago
A 1:3 ratio, once again a textbook-level trend.
View OriginalReply0
GasFeeBarbecue
· 11h ago
A 1:3 ratio is really good, just worried about a false breakout if it surpasses the level.
View OriginalReply0
GasGoblin
· 11h ago
The 1:3 ratio is indeed well captured, but I wonder if it will lead to another follow-up failure.
View OriginalReply0
ChainMemeDealer
· 11h ago
1:3 risk-reward ratio? Sounds good, but can XPL reach the target price...
View OriginalReply0
TommyTeacher
· 11h ago
A 1:3 ratio looks comfortable at a glance. XPL's move is indeed clear, but the key is whether we can hold on.
View OriginalReply0
BlockchainNewbie
· 11h ago
The 1:3 ratio looks good, but I wonder if it will get crushed again...
XPL caught another solid setup this week—we're looking at a clean 1:3 risk-reward ratio playing off key support and resistance levels. The price action setup here is textbook: you've got your entry pinned at resistance, stop below the support zone, and targets running up through previous resistance. This kind of asymmetric risk setup is exactly what price action traders hunt for. Whether you're spotting these on spot trading or watching the intraday moves, the principle stays the same—let the price action tell you where the smart money is flowing. Classic technical play in the current market conditions.