$XPL : my opinion 🔴 SHORT
📍 Watching the zone: 0.0750–0.0765
🛑 Idea invalidated: 15m close above 0.0780
🎯 Watching: 0.0715 / 0.0690 / 0.0660
📰 Reason: a sharp spike to 0.0862 followed by a drop; on the 1h chart, the price is below all MAs, and the highs are getting lower. The 0.0750–0.0765 zone is the maximum bounce level and a test of the MA99 on the 1h chart.
No position. This is my personal opinion, not an instruction or advice. I don't know what caused the sharp drop; the coin is very volatile ⚠️
What do you think: a bounce to 0.077 or further downside?
#XPL
📍 Watching the zone: 0.0750–0.0765
🛑 Idea invalidated: 15m close above 0.0780
🎯 Watching: 0.0715 / 0.0690 / 0.0660
📰 Reason: a sharp spike to 0.0862 followed by a drop; on the 1h chart, the price is below all MAs, and the highs are getting lower. The 0.0750–0.0765 zone is the maximum bounce level and a test of the MA99 on the 1h chart.
No position. This is my personal opinion, not an instruction or advice. I don't know what caused the sharp drop; the coin is very volatile ⚠️
What do you think: a bounce to 0.077 or further downside?
#XPL
