🔴 $XPL WEAK BOUNCE INCOMING INTO RESISTANCE AS SELLERS PREPARE THE NEXT DROP 📉
Entry: $0.0885 - $0.0905 ⚡
Target: $0.0850 - $0.0780 🎯
Stop Loss: $0.0948 ⚠️
The 4H structure for $XPL remains heavily burdened by structural weakness after getting rejected off higher overhead supply. This current relief effort lacks true buy-side conviction, pushing price directly into a key resistance zone where bears are waiting to step back in. 📊
With order flow leaning heavily downward, a clean rejection around the entry zone opens up a smooth path toward lower liquidity targets. 📌 The downside trajectory stays fully intact as long as sellers maintain control below local invalidation. 💬 Are you shorting this corrective relief or waiting for confirmation at lower support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #Altcoins #Trading #Crypto
📉 🐻
Entry: $0.0885 - $0.0905 ⚡
Target: $0.0850 - $0.0780 🎯
Stop Loss: $0.0948 ⚠️
The 4H structure for $XPL remains heavily burdened by structural weakness after getting rejected off higher overhead supply. This current relief effort lacks true buy-side conviction, pushing price directly into a key resistance zone where bears are waiting to step back in. 📊
With order flow leaning heavily downward, a clean rejection around the entry zone opens up a smooth path toward lower liquidity targets. 📌 The downside trajectory stays fully intact as long as sellers maintain control below local invalidation. 💬 Are you shorting this corrective relief or waiting for confirmation at lower support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #Altcoins #Trading #Crypto
📉 🐻
