xpltechnical

$XPL 🧠 $XPL Technical Levels

Support: $0.093

Resistance: $0.105–$0.108

Volume spikes suggest accumulation. Watch candle structure for early breakout confirmation. Risk-managed trades near support could yield high reward.

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$XPL /USDT BEARISH PRESSURE BUILDING – SHORT OPPORTUNITY

$XPL /USDT has failed to sustain above the 0.9500 resistance level and is showing signs of exhaustion with declining momentum. Repeated rejection near 0.9600 and increased selling volume point toward a potential short-term downtrend. MACD histogram is flattening while price remains below key resistance zones.

Technical Highlights:

24H High: 0.9505

24H Low: 0.8268

Volume: 401.88M XPL / 452.82M

Key Resistance Zone: 0.9352 – 0.9600

Support Zone: 0.8268 – 0.8552

Bearish rejection at upper resistance and rising lower wicks signal seller dominance.

ENTRY: Short below 0.8800 confirmation
TARGETS:
1️⃣ 0.8552
2️⃣ 0.8400
3️⃣ 0.8268

STOP LOSS: Above 0.9200

RISK MANAGEMENT:
Limit risk per trade to 1–2% of total capital. Set alerts and trail stop if price moves in favor. Avoid over-leveraging in low-price assets.

#XPLTechnical #BearishSetup #CryptoShort #AltcoinTraders #PriceActionAnalysis
$XPL