$XPL 💥 Prepare for a Potential Breakdown! 📉

Entry: market at 0.119052 – 0.120348

TP1: 0.115813

TP2: 0.114518

TP3: 0.111927

SL: 0.123587

$XPL is looking increasingly bearish across multiple timeframes. The 4-hour and 1-hour charts both show price struggling below key moving averages – EMA50 and EMA200 are acting as resistance. A weak RSI reading of 37.12 on the 1-hour chart adds to the downward pressure. 🐻

Watch for a decisive break below 0.1197, confirmed by the 15-minute RSI dipping under 50. This could trigger a significant move lower. Get ready to act! 🚀

#XPL #CryptoTrading #ShortOpportunity #TechnicalAnalysis 🚀

XPLUSDT

Perp

0.1222

-2.47%