XPL : Trapped in a Channel, Targeting the $1.70 Top.

The price is currently testing the lower boundary of this small corrective channel and is sitting just below the $1.4371 resistance.

After touching the top boundary of the major Rising Channel, the price began a short-term correction, forming a smaller, diagonal Descending Channel (the shaded area).

Bullish Breakout: A decisive break and close above the upper line of the small descending channel, followed by clearing the key horizontal resistance at $1.4371
TARGETS: $1.70 (Top of the major Rising Channel) 2. $1.90 (Psychological resistance)

Bearish Breakdown: A break and close below the lower line of the major Rising Channel
TARGETS: $1.1474 (The primary horizontal support - Green Line)