Bearish momentum building as price tests the lower range.

Trading Plan SHORT: $XPL

Entry: 0.08550 – 0.08750

Stop-Loss: 0.09100

TP1: 0.07800

TP2: 0.07200

TP3: 0.06520

$XPL is showing increasing selling pressure as price continues moving toward the lower boundary of the current structure after rejecting its 24h high. Attempts to recover have been limited, showing that buyers are struggling to regain control while sellers remain active near the MA60 (0.08707) resistance level. If the entry zone holds as resistance and bearish momentum continues, the setup favors another move lower toward the key support and liquidity areas near the 24h low.

Click and Trade $XPL here 👇

$XPLUSDT

Perp

Current Price: 0.08401

XPLUSDT

Διην.

0.08995

+3.30%