Trade Setup: $XPL Short
Entry Zone: 0.09484 – 0.09676
Stop Loss: 0.1040
Target 1: 0.0930
Target 2: 0.0895
Target 3: 0.0875
$XPL is pulling back into a major resistance level as momentum behind the recent rally weakens. Selling pressure is stepping in to absorb buying volume, and the bulls are failing to break above key overhead structural levels. This overhead resistance leaves a clear trail of downside liquidity underneath recent swing lows. As long as sellers maintain control of this supply block, expect a drop toward lower support levels.
$XPL
#GrayscaleFilesFifthZECETFAmendment #USTariffsOnCanadianGoodsTakeEffect #USThreeMajorIndexesPostWeeklyLosses
Entry Zone: 0.09484 – 0.09676
Stop Loss: 0.1040
Target 1: 0.0930
Target 2: 0.0895
Target 3: 0.0875
$XPL is pulling back into a major resistance level as momentum behind the recent rally weakens. Selling pressure is stepping in to absorb buying volume, and the bulls are failing to break above key overhead structural levels. This overhead resistance leaves a clear trail of downside liquidity underneath recent swing lows. As long as sellers maintain control of this supply block, expect a drop toward lower support levels.
$XPL
#GrayscaleFilesFifthZECETFAmendment #USTariffsOnCanadianGoodsTakeEffect #USThreeMajorIndexesPostWeeklyLosses