XPL surged 17% from the 0.094 level to 0.10999 in 24h — but that rally is already breaking down and the bears are taking over.
$XPL $0.10180 Short TP $0.09880 SL $0.10480
The 1H MACD just printed a bearish crossover with the histogram at -0.000132 and widening — momentum has definitively flipped. Volume on the latest 1H candle collapsed to 900K (just 0.20x the 20-period average), confirming buyers have fully exhausted.
Price broke below 1H SMA7 ($0.10361) and the last 4H candle closed at $0.10178 with a strong bearish body of -67%, retracing nearly 50% of the entire rally. With 4H RSI at a neutral 50.0, there's plenty of room to fall before hitting oversold territory.
DYOR
$XPL $0.10180 Short TP $0.09880 SL $0.10480
The 1H MACD just printed a bearish crossover with the histogram at -0.000132 and widening — momentum has definitively flipped. Volume on the latest 1H candle collapsed to 900K (just 0.20x the 20-period average), confirming buyers have fully exhausted.
Price broke below 1H SMA7 ($0.10361) and the last 4H candle closed at $0.10178 with a strong bearish body of -67%, retracing nearly 50% of the entire rally. With 4H RSI at a neutral 50.0, there's plenty of room to fall before hitting oversold territory.
DYOR