2026-01-14 01:26:41

XPL this wave of market movement is quite interesting. Earlier, I caught the upward trend between 0.1515 and 0.1581, and the price retraced to 0.1549 (which is exactly the Fibonacci 0.5 retracement zone), this is very critical.

At that time, I judged that if there was enough volume to break through this key level at 0.1581, the subsequent momentum should continue to extend. As expected, it did break through, so the next target levels are projected to be 0.1615, 0.1656, and finally around 0.1681.

This technical approach should be helpful for those looking to follow this wave of market movement — the key is to see if there is a valid breakout after the Fibonacci retracement, especially with volume support, which can basically confirm the subsequent direction. Learned some things again; the market is just like that, gradually accumulating experience.

XPL4,45%

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MoneyBurnerSociety

· 8h ago

I can memorize the Fibonacci sequence, but my wallet tells a better story.

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GasWrangler

· 8h ago

technically speaking, the fib retracement narrative here is demonstrably sub-optimal if you're not analyzing the actual order book imbalance at those levels. volume confirmation is fine, but where's the mempool depth analysis? most people just chase the numbers without understanding the underlying liquidity structures, ngl.

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SnapshotStriker