🔥 XPLUSDT | Short-Term Market Update 📊

$XPL has experienced a strong sell-off, followed by weak consolidation and continuation to the downside. Price is currently making lower highs and lower lows, indicating bearish pressure still dominates.

XPL

0.1303

-2.54%

XPLUSDT

Perp

0.1302

-2.47%

XPL

Alpha

0.13013

-2.58%

📌 Bearish Scenario (Primary Setup – Sell)

❌ Sell on Pullback:

0.1295 – 0.1310
(Previous minor support turned resistance)

🛑 Stop Loss (SL):

0.1345
(Above consolidation range & structure)

🎯 Take Profit (TP):

🥇 TP1: 0.1270
🥈 TP2: 0.1245
🥉 TP3: 0.1215

➡️ Trend continuation likely if price fails to reclaim 0.132+

📌 Bullish Scenario (Counter-Trend – Risky)

Only valid if price reclaims and holds above resistance

✅ Buy Entry:

Above 0.1345 (strong close)

🛑 Stop Loss:

0.1310

🎯 Take Profit:

🥇 TP1: 0.1380
🥈 TP2: 0.1425

⚠️ This is a counter-trend trade, smaller position recommended.

🧠 Market Insight

• Short-term trend: Bearish
• Structure: Lower highs & lower lows
• Best strategy: Sell rallies
• Bulls need strong volume reclaim above 0.1345