📉 $XPL / USDT — Bearish Breakdown Setup

The pair rejected sharply from the resistance zone near 0.5611, forming a double-top reversal on the 1H chart.

After failing to hold above this key level, sellers took control, pushing price toward the 0.47–0.45 support zone.

A strong red candle confirms a shift in momentum to the downside.

🔻 Trade Setup

Entry Zone: 0.4720 – 0.4780

Stop-Loss: 0.4950

Take Profit 1: 0.4400

Take Profit 2: 0.4150

Take Profit 3: 0.3900

📊 Bias: Short positions favored below 0.49.

⚠️ Risk Management: Use 2–3% of capital per trade. Avoid over-leveraging.

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