$XPL: Smart Money Distribution Visible on $XPL On-Chain Data
SHORT SETUP XPL
Entry: $0.09383 - $0.09431
Stop Loss: $0.09835
Take Profit: $0.08551 (2R)
Key Levels: Support $0.09404 | Resistance $0.09786
Technical Analysis for $XPL: $XPL fallback technical analysis: RSI is 43.8, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 60.5%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup. Sellers still need to hold the entry zone and push price toward lower support.
#XPL #ShortSetup #ChartAnalysis
SHORT $XPL
SHORT SETUP XPL
Entry: $0.09383 - $0.09431
Stop Loss: $0.09835
Take Profit: $0.08551 (2R)
Key Levels: Support $0.09404 | Resistance $0.09786
Technical Analysis for $XPL: $XPL fallback technical analysis: RSI is 43.8, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 60.5%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup. Sellers still need to hold the entry zone and push price toward lower support.
#XPL #ShortSetup #ChartAnalysis
SHORT $XPL
