$XOM's Rally Is Losing Steam: Can the 4H Order Block Hold?XOMUSDTPERP PERPETUAL MIX CONTRACTBITGET:XOMUSDT.PImTesla30ExxonMobil is back in focus after its Q3 earnings. The company reported adjusted EPS of $4.23, beating analyst expectations, with refining performance supporting the results. But after a strong move, I’m more interested in how price reacts on a pullback than chasing the current rally. Source On the 4H chart, XOM has shown bullish market structure after a liquidity sweep and a market structure shift. Price is now trading around $190.78, while volume appears to be weakening. That could leave room for a retracement before another potential move higher. XOMUSDT.P MY XOM SETUP Direction: Long Trade Type: Intraday/Swing Entry Zone: $182.50–$185.00 — 4H order block area Invalidation: Below the order block, around $182.50 Target: $195.00–$196.00 I’m not treating the marked zone as an automatic buy. I want to see price return to the order block and show a reaction first, then we wait there a confirmation so that we can finally enter the market if confirmed. CONFIRMATION: What I'm waiting for >Price pulls back toward the 4H order block around $182.50–$185.00. >A possible inducement forms near the marked area around $185.00. >Price reacts bullishly from the zone and gives a lower-timeframe market structure shift or clear rejection. >If price breaks decisively below the order block, I’ll reconsider the setup rather than force a long. The idea is to let price come to the zone and wait for confirmation. If the pullback fails to reach the order block, I’m okay with missing the trade. WHY I'M WATCHING XOM ON BITGET Bitget offers more ways to put eligible tokenized stock assets to work, including Dual Investment opportunities and using supported rTokens as margin or collateral for borrowing. These features may offer more flexibility for holders, but availability and terms depend on the product. For eligible stock transfers of at least 5,000 USDT, Bitget’s campaign advertises 200 USDT worth of rSPCX rewards until November 18. Check the campaign terms and eligibility before participating: Stock Transfer Rewards. P.S. This is not financial advice. Always DYOR, trade safe, manage your risks, and follow your system. Good luck on your trades!