$XPL SHORT: LIQUIDITY SWEEP ABOVE STRUCTURE, THEN THE FALL 🔴💣
Entry: 0.07365 ⚡
TP1: 0.07054 🎯
TP2: 0.06744 🎯
TP3: 0.06433 🎯
Stop Loss: 0.07986 ⚠️
This short on $XPL is a textbook liquidity play — the sweep above resistance is likely to drag price back into the imbalance zone below. 📉 RSI is rolling over from overbought, and the 1D chart shows price trading under EMA50, confirming the downtrend bias.
The confluence here is clean: a liquidity grab followed by a rejection at supply, with momentum aligning on multiple timeframes. ⚡ After TP1 hits, move your stop to breakeven and let the trend work for you. 💡
Will $XPL honor this supply zone and continue the descent, or are we about to see a violent squeeze? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #LiquiditySweep #Crypto #Trading
🔻 💣
Entry: 0.07365 ⚡
TP1: 0.07054 🎯
TP2: 0.06744 🎯
TP3: 0.06433 🎯
Stop Loss: 0.07986 ⚠️
This short on $XPL is a textbook liquidity play — the sweep above resistance is likely to drag price back into the imbalance zone below. 📉 RSI is rolling over from overbought, and the 1D chart shows price trading under EMA50, confirming the downtrend bias.
The confluence here is clean: a liquidity grab followed by a rejection at supply, with momentum aligning on multiple timeframes. ⚡ After TP1 hits, move your stop to breakeven and let the trend work for you. 💡
Will $XPL honor this supply zone and continue the descent, or are we about to see a violent squeeze? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #LiquiditySweep #Crypto #Trading
🔻 💣