Market Context:
$XEC is holding above 0.00001180, forming higher-lows on the 15-minute chart.
Buyers remain active, suggesting short-term bullish momentum.
Recent resistance at 0.00001220 may be tested again if the support holds.
Trade Setup (Short-Term Long):
Entry: 0.00001185 – 0.00001195
Take Profit 1 (TP1): 0.00001210
Take Profit 2 (TP2): 0.00001225
Stop Loss (SL): 0.00001170
Strategy Notes:
Risk is limited below the support at 0.00001180.
If
$XEC breaks below 0.00001170, the bullish structure is invalidated, signaling potential further downside.
For conservative traders, consider scaling