🔥 $XPL /USDT — BEARISH STRUCTURE! IS ANOTHER DUMP COMING? $XPL is attempting a short-term recovery, currently trading at $0.06649 (+3.94%), but the 1H chart still reflects a broader bearish structure following a sharp rejection from $0.08639. Price recently swept liquidity below $0.06015 and bounced, but this recovery could become a bearish pullback into supply if buyers fail to reclaim the $0.07038 resistance. SHORT SETUP: Entry $0.0670–$0.0700 (resistance rejection), SL $0.0720, TP1 $0.0646, TP2 $0.0602, TP3 $0.0588. Watch for a bearish CHoCH, rejection wick and selling-volume confirmation before entering. A failure to break resistance could trigger another downside move, while a clean breakout above $0.07038 would weaken the short setup. Don't chase the move—wait for smart-money confirmation and manage risk carefully. Follow for more SMC-based trading setups! DYOR.
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