🔥 $XPL Testing Demand Zone — Smart Money Preparing The Next Move? ⚡
$XPL /USDT is trading near $0.08352 after a rejection from the $0.09908 high, showing short-term bearish pressure. The 1H structure reveals a liquidity sweep near $0.08164 support, followed by stabilization as buyers attempt to absorb selling pressure. Price is currently forming a consolidation range, and a BOS above $0.08460–$0.08844 could confirm a bullish recovery, while failure to hold the demand zone may continue the downside move.
Short Trade Setup:
🔴 Entry Zone: $0.08460 – $0.08800 (after rejection confirmation)
🎯 TP1: $0.08164
🎯 TP2: $0.08000
🎯 TP3: $0.07650
🛑 SL: Above $0.09200
The setup is based on market structure, liquidity behavior, and rejection zones. Wait for confirmation candles and volume before execution. Smart traders follow the flow of liquidity, not emotions. Follow for more professional Binance chart analysis 📊
#XPL
$XPL /USDT is trading near $0.08352 after a rejection from the $0.09908 high, showing short-term bearish pressure. The 1H structure reveals a liquidity sweep near $0.08164 support, followed by stabilization as buyers attempt to absorb selling pressure. Price is currently forming a consolidation range, and a BOS above $0.08460–$0.08844 could confirm a bullish recovery, while failure to hold the demand zone may continue the downside move.
Short Trade Setup:
🔴 Entry Zone: $0.08460 – $0.08800 (after rejection confirmation)
🎯 TP1: $0.08164
🎯 TP2: $0.08000
🎯 TP3: $0.07650
🛑 SL: Above $0.09200
The setup is based on market structure, liquidity behavior, and rejection zones. Wait for confirmation candles and volume before execution. Smart traders follow the flow of liquidity, not emotions. Follow for more professional Binance chart analysis 📊
#XPL
