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affaq Hussain
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Bearish
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ZEC short open
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affaq Hussain
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berish buy now
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$XPL L/USDT BEARS TAKE CONTROL – PRICE SLIDES SHARPLY BELOW SUPPORT ZONES! The $XPL/USDT pair has broken below its key short-term support at $1.45, indicating strong selling pressure. The rejection from the recent high at $1.6930 and the drop to $1.4213 (-7.95%) signals a bearish continuation pattern. With both the MA and EMA trending down and price trading near the lower Bollinger Band, sellers currently dominate the market momentum. 🔹Trade Setup: Entry (Short): $1.42 – $1.44 range Targets (TP): $1.35 (TP1), $1.28 (TP2) Stop-Loss (SL): $1.50 above the broken support 🔹Market Outlook: If $XPL fails to reclaim $1.45–$1.50, the downtrend is likely to extend toward $1.28 or even lower. However, a break back above $1.50 could trigger a short squeeze back to $1.60. Currently, bears have the upper hand, and caution is advised for longs until a reversal signal emerges
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A new address purchased 10.87 million $XPL worth about $13.6 million USD at average price of $1.25, and purchases are still ongoing. Its $XPL position has $2.5 million in floating profits.
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A new address purchased 10.87 million $XPL worth about $13.6 million USD at average price of $1.25, and purchases are still ongoing. Its $XPL position has $2.5 million in floating profits.
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The coin is accelerating on the pump, but it is held back by a limit order battery above it. The largest one ($2.5 million) is at the level of 1.45. I will enter in its decay if we approach it $XPL
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