🚨 XPL massive unlocking + pin! Prepare to short!
Today $XPL unlocked 17.56% (the majority goes to the team/investors). The circulating amount surged instantly, with extremely heavy selling pressure.
Technically, the daily chart suddenly shows a long upper shadow (a “pin”). The main players pushed it up to distribute, and the resistance above is extremely strong.
🎯 How to short?
· Entry: Short on a rebound at 0.10–0.11 when it meets resistance.
· Targets: Watch 0.09, 0.08; in extreme cases, 0.06.
⚠️ Life-saving tips
Always use a stop-loss (above 0.115). Monitor large transfers into exchange data closely—do not go in with heavy position size.
Bearish news + technical double kill. Set your stop-loss and be ready to take profits! 🍖
$XPL
#BinanceSquare #FuturesTrading #ShortSelling #TokenUnlocking
(Personal opinion only—not investment advice. Mind the risks!)
Today $XPL unlocked 17.56% (the majority goes to the team/investors). The circulating amount surged instantly, with extremely heavy selling pressure.
Technically, the daily chart suddenly shows a long upper shadow (a “pin”). The main players pushed it up to distribute, and the resistance above is extremely strong.
🎯 How to short?
· Entry: Short on a rebound at 0.10–0.11 when it meets resistance.
· Targets: Watch 0.09, 0.08; in extreme cases, 0.06.
⚠️ Life-saving tips
Always use a stop-loss (above 0.115). Monitor large transfers into exchange data closely—do not go in with heavy position size.
Bearish news + technical double kill. Set your stop-loss and be ready to take profits! 🍖
$XPL
#BinanceSquare #FuturesTrading #ShortSelling #TokenUnlocking
(Personal opinion only—not investment advice. Mind the risks!)
