๐ด $XPL WEAK BOUNCE INCOMING INTO RESISTANCE AS SELLERS PREPARE THE NEXT DROP ๐
Entry: $0.0885 - $0.0905 โก
Target: $0.0850 - $0.0780 ๐ฏ
Stop Loss: $0.0948 โ ๏ธ
The 4H structure for $XPL remains heavily burdened by structural weakness after getting rejected off higher overhead supply. This current relief effort lacks true buy-side conviction, pushing price directly into a key resistance zone where bears are waiting to step back in. ๐
With order flow leaning heavily downward, a clean rejection around the entry zone opens up a smooth path toward lower liquidity targets. ๐ The downside trajectory stays fully intact as long as sellers maintain control below local invalidation. ๐ฌ Are you shorting this corrective relief or waiting for confirmation at lower support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XPL #ShortSetup #Altcoins #Trading #Crypto
๐ ๐ป
Entry: $0.0885 - $0.0905 โก
Target: $0.0850 - $0.0780 ๐ฏ
Stop Loss: $0.0948 โ ๏ธ
The 4H structure for $XPL remains heavily burdened by structural weakness after getting rejected off higher overhead supply. This current relief effort lacks true buy-side conviction, pushing price directly into a key resistance zone where bears are waiting to step back in. ๐
With order flow leaning heavily downward, a clean rejection around the entry zone opens up a smooth path toward lower liquidity targets. ๐ The downside trajectory stays fully intact as long as sellers maintain control below local invalidation. ๐ฌ Are you shorting this corrective relief or waiting for confirmation at lower support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #XPL #ShortSetup #Altcoins #Trading #Crypto
๐ ๐ป
