XPL is stuck near its recent high, with the price hovering just below the 0.8% resistance level. Momentum looks primed for a short swing.
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🔴 $XPL SHORT 📉
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📍 Entry Range: $0.083846 – $0.084014
🛑 Stop Loss: $0.086448 (-3.0%)
🎯 TP1: $0.082671 (+1.5%)
🏆 TP2: $0.079733 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The CHoCH broke lower while the CVD showed heavy selling, and a fresh FVG lines up with an order block that’s been defending. A liquidity sweep ripped through the last bullish candle, and the POI confluence of the OB and FVG gives a clean entry. Structure now reads a descending channel, making the short bias compelling.
A 3.0% stop is relatively tight, so using no more than 5x leverage keeps risk in check.
Take half profit once price reaches the first target around 1.7% down.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XPL #XPLUSDT #NIL #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $XPL SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.083846 – $0.084014
🛑 Stop Loss: $0.086448 (-3.0%)
🎯 TP1: $0.082671 (+1.5%)
🏆 TP2: $0.079733 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The CHoCH broke lower while the CVD showed heavy selling, and a fresh FVG lines up with an order block that’s been defending. A liquidity sweep ripped through the last bullish candle, and the POI confluence of the OB and FVG gives a clean entry. Structure now reads a descending channel, making the short bias compelling.
A 3.0% stop is relatively tight, so using no more than 5x leverage keeps risk in check.
Take half profit once price reaches the first target around 1.7% down.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XPL #XPLUSDT #NIL #TradingSignals #Write2Earn