XPL Death Trap Confirmed. The Bull Chase Ends Here.

$XPL just flashed a massive 1H rejection. Experienced eyes saw this pullback as the ultimate liquidity grab. Price slammed against the key resistance Order Block and flipped hard. The short setup is active. Expect consolidation, but this is a trap for late bulls. Targets are set for 0.1670 and then 0.1620. If that strong support near 0.1565 breaks, the structure is toast. We are positioned with a stop above 0.1858. This is the structural breakdown we have been waiting for.

Not financial advice. Trade responsibly.

#CryptoTrading #Bearish #Altcoins #TechnicalAnalysis #XPL

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XPLUSDT

Perp

0.1771

+7.66%