🚨 $XPL TESTING HEAVY OVERHEAD SUPPLY AS INSTITUTIONAL BEARISH MARKET STRUCTURE PERSISTS 🐻
Entry: 0.07984 - 0.08013 🔻
Target: 0.07900 - 0.07718 📉
Stop Loss: 0.08094 ⚠️
$XPL continues to exhibit a dominant downtrend, with sellers consistently defending key resistance zones. 🔍 The recent bounce directly into the premium supply block between 0.07984 and 0.08013 reflects classic institutional distribution into resting liquidity.
As long as lower-timeframe candles fail to reclaim above 0.08013, order flow remains firmly in favor of bears targeting local low liquidity pools down to 0.07718. 📊
🤔 Are you shorting this structural resistance block or waiting for a lower low confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #MarketStructure #Crypto
🐻 📉
Entry: 0.07984 - 0.08013 🔻
Target: 0.07900 - 0.07718 📉
Stop Loss: 0.08094 ⚠️
$XPL continues to exhibit a dominant downtrend, with sellers consistently defending key resistance zones. 🔍 The recent bounce directly into the premium supply block between 0.07984 and 0.08013 reflects classic institutional distribution into resting liquidity.
As long as lower-timeframe candles fail to reclaim above 0.08013, order flow remains firmly in favor of bears targeting local low liquidity pools down to 0.07718. 📊
🤔 Are you shorting this structural resistance block or waiting for a lower low confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #MarketStructure #Crypto
🐻 📉
