๐จ
$XPL L/USDC BEARISH BREAKDOWN โ SELLERS REMAIN IN FULL CONTROL! ๐
๐ Trade Setup
๐ป Entry Zone: 0.0815 โ 0.0830
๐ฏ Take Profit 1: 0.0795
๐ฏ Take Profit 2: 0.0775
๐ฏ Take Profit 3: 0.0750
๐ Stop Loss: 0.0855
$XPL /USDC continues to trade under strong bearish pressure, with price making fresh lower lows on the 4H chart. All major moving averages are sloping downward, confirming that sellers still dominate the market. Unless buyers reclaim key resistance, the path of least resistance remains to the downside.
๐ Short Market Outlook
Momentum remains bearish as the price trades below the 7, 25, and 99 MA, signaling a strong downtrend. Immediate support is near 0.0810, and a breakdown below this level could accelerate selling toward lower targets. Bulls must reclaim 0.0855โ0.0865 to weaken the current bearish structure.
#XPL #USDC #Crypto #TechnicalAnalysis #Binance