XPL is stuck below the 0.0455 resistance, testing the 0.0440 swing low with bearish pressure building. The price is eyeing the 0.0425 zone where the last order block held.
🔴 $XPL SHORT 📉 — Trade Plan
• Entry: $0.079680 – $0.079840
• Stop: $0.082153 (-3.0%)
• Target 1: $0.078564 (+1.5%)
• Target 2: $0.075772 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character broke the bullish structure and the volume profile turned negative, confirming the downside. A fair value gap aligns with an order block and a liquidity sweep, creating a POI confluence that screams short. The market is now in a clear downtrend channel ready for a move toward the next demand area.
A 3.0% stop is relatively tight on this volatility, so a max of 5x leverage keeps risk per trade around 1.5% of the account.
Take partial profit around the first target near 0.0420 to lock in gains.
Not financial advice — trade only what you can afford to lose 🙏
$XPL #XPLUSDT #BigBangThesis #TradingSignals #Write2Earn
🔴 $XPL SHORT 📉 — Trade Plan
• Entry: $0.079680 – $0.079840
• Stop: $0.082153 (-3.0%)
• Target 1: $0.078564 (+1.5%)
• Target 2: $0.075772 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character broke the bullish structure and the volume profile turned negative, confirming the downside. A fair value gap aligns with an order block and a liquidity sweep, creating a POI confluence that screams short. The market is now in a clear downtrend channel ready for a move toward the next demand area.
A 3.0% stop is relatively tight on this volatility, so a max of 5x leverage keeps risk per trade around 1.5% of the account.
Take partial profit around the first target near 0.0420 to lock in gains.
Not financial advice — trade only what you can afford to lose 🙏
$XPL #XPLUSDT #BigBangThesis #TradingSignals #Write2Earn