I’m watching $XPL /USDT — the 4H trend is bearish, but on the 1H chart, it’s making a small bounce above the EMA50. This looks like a good short setup. The 1H RSI is overbought at 75.15, so this bounce is likely ending. I’m waiting for the 15m RSI to drop below 50 as a signal that momentum is turning down again. This fits with the bigger bearish trend and makes for a solid short trade.

Here’s the plan: Entry: 0.1777 – 0.1795

Take Profit 1: 0.1730

Take Profit 2: 0.1711

Take Profit 3: 0.1673

Stop Loss: 0.1842

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