🚨 $XPL PRINTING A TEXTBOOK DEAD CAT BOUNCE INTO RESISTANCE! 📉
Entry: $0.0885 – $0.0905 ⚡
Target: $0.0850 – $0.0780 📉
Stop Loss: $0.0948 ⚠️
The 4H relief bounce is running completely out of fuel right as price crawls back into a major overhead supply zone. 📊 Buying volume on this recovery is virtually non-existent, signaling a classic bull trap designed to catch late buyers flat-footed.
Smart money is lining up to defend resistance and flush price back down toward lower liquidity pockets. 🔍 A swift rejection here opens the floodgates for a drop straight through local support floors. 💬 Are you placing short bids in this zone or waiting for the breakdown below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #Crypto #Bearish #Trading
📉 🩸
Entry: $0.0885 – $0.0905 ⚡
Target: $0.0850 – $0.0780 📉
Stop Loss: $0.0948 ⚠️
The 4H relief bounce is running completely out of fuel right as price crawls back into a major overhead supply zone. 📊 Buying volume on this recovery is virtually non-existent, signaling a classic bull trap designed to catch late buyers flat-footed.
Smart money is lining up to defend resistance and flush price back down toward lower liquidity pockets. 🔍 A swift rejection here opens the floodgates for a drop straight through local support floors. 💬 Are you placing short bids in this zone or waiting for the breakdown below support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XPL #ShortSetup #Crypto #Bearish #Trading
📉 🩸
