🚨
$XPL — support flipped resistance.😱
Rejection confirmed on 15M.😫
Price was rejected at the key resistance zone (~0.143–0.145) — the level marked on the chart 👆
This area acted as previous support, and once broken, it flipped into strong resistance.
🔴 What happened:
Clear retest of resistance
Sellers stepped in aggressively
Breakdown confirmed with bearish continuation
🎯 Trade idea (educational):
Entry: After rejection below 0.143
Invalidation: Clean reclaim above resistance
Targets: 0.138 → 0.135 zone (liquidity & imbalance below)
⚠️ Key takeaway:
Old support often becomes new resistance.
Wait for confirmation → trade the reaction, not the hope.
📌 Risk management is everything.
Not financial advice.
$XPL #xpl