$XPL Rejected From Resistance Bears Maintain Control

Trade Setup: Short

Entry Zone: $0.0873 - $0.0878

TP1: $0.0868

TP2: $0.0860

TP3: $0.0850

SL: $0.0888

I'm bearish on $XPL after the sharp breakdown and weak recovery attempt. Sellers continue to defend the resistance zone, suggesting the recent bounce is likely a retracement rather than a trend reversal.

I'm looking for further downside as long as $XPL remains below the resistance area. Use maximum 20x leverage and move SL to entry as soon as the trade goes into profit.

XPL
XPLUSDT
0.0913
+1.34%

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