๐จ $XPL SHORT ALERT ๐จ
Bounce is getting SMACKED โ no acceptance above resistance.
Price pushed straight into a prior supply zone and instantly lost momentum.
Buyers triedโฆ and failed.
Sellers are showing up hard at the highs ๐
This move up is corrective, not impulsive.
As long as this zone holds, downside continuation is favored โฌ๏ธ
๐ SHORT $XPL
๐ฏ Entry: 0.135 โ 0.145
๐ Stop Loss: 0.146 (tight & clean)
๐ฐ Targets:
โข TP1: 0.130
โข TP2: 0.122
โข TP3: 0.112 ๐ฉธ
๐ Trade thesis:
โ Prior supply reclaim = FAILED
โ Weak buy-side follow-through
โ Repeated seller response on highs
โ Structure favors continuation lower
As long as price stays capped here, bears stay in control ๐ป
Momentum fading = patience rewarded.
โ ๏ธ Manage risk. Let the levels do the work.
Trade $XPL here ๐
(If sellers step in, this one can move FAST ๐ฃ)
