$XPL LOOKS READY FOR A PULLBACK 👀📉
🔴 SHORT Setup
Entry Range: $0.1145 – $0.1155
Stop Loss: $0.1184
TP1: $0.1100
TP2: $0.1030
TP3: $0.0966
XPL just made a very aggressive push from around the $0.088 area and is now trading directly below the major resistance/supply zone near $0.1170–$0.1183.
From my point of view, this is not the place where I want to chase the pump. After such a fast move, some profit-taking would be completely normal. The small rejection appearing near the top is exactly what I’m watching. 👀
If sellers start taking control below $0.1150, I think price can first cool down toward $0.1100. A stronger rejection could then open the road toward $0.1030, while my final downside area sits around $0.0966, which is also a major support zone on this chart.
The setup becomes invalid for me if XPL breaks above $0.1184 and holds there.
Big pump first… now I’m watching whether the market sends the elevator back downstairs. 😂📉
$XAI
$BULLA
🔴 SHORT Setup
Entry Range: $0.1145 – $0.1155
Stop Loss: $0.1184
TP1: $0.1100
TP2: $0.1030
TP3: $0.0966
XPL just made a very aggressive push from around the $0.088 area and is now trading directly below the major resistance/supply zone near $0.1170–$0.1183.
From my point of view, this is not the place where I want to chase the pump. After such a fast move, some profit-taking would be completely normal. The small rejection appearing near the top is exactly what I’m watching. 👀
If sellers start taking control below $0.1150, I think price can first cool down toward $0.1100. A stronger rejection could then open the road toward $0.1030, while my final downside area sits around $0.0966, which is also a major support zone on this chart.
The setup becomes invalid for me if XPL breaks above $0.1184 and holds there.
Big pump first… now I’m watching whether the market sends the elevator back downstairs. 😂📉
$XAI
$BULLA
