$XPL USDT Rejection Near Resistance Could Open a Short Setup
#XPL is trading around $0.08160, with resistance near $0.08370–$0.08462. I’m watching for a rejection in this zone rather than chasing the current move. Sellers need to regain control for downside continuation.
Short Setup
Entry: $0.08280–$0.08420
Stop Loss: $0.08510
TP1: $0.08000
TP2: $0.07889
TP3: $0.07667
Confirmation: Look for bearish rejection or a breakdown below $0.08150. If price breaks and holds above resistance, the short setup weakens. Wait for confirmation and manage leverage carefully.
Technical scenario only, not financial advice. Targets are not guaranteed.
#CPIWatch
#XPL is trading around $0.08160, with resistance near $0.08370–$0.08462. I’m watching for a rejection in this zone rather than chasing the current move. Sellers need to regain control for downside continuation.
Short Setup
Entry: $0.08280–$0.08420
Stop Loss: $0.08510
TP1: $0.08000
TP2: $0.07889
TP3: $0.07667
Confirmation: Look for bearish rejection or a breakdown below $0.08150. If price breaks and holds above resistance, the short setup weakens. Wait for confirmation and manage leverage carefully.
Technical scenario only, not financial advice. Targets are not guaranteed.
#CPIWatch