$XPL /USDT Bearish Pullback After Rejection – Short-Term Correction in Play..............

$XPL faced a sharp rejection from the upper resistance zone around 0.132–0.134, where selling pressure quickly stepped in after the impulsive bullish move...................

Price failed to hold above this level and formed a clear bearish pullback, sliding back into the prior demand area....................

The current structure suggests the market is cooling off, with sellers still having short-term control unless buyers reclaim key resistance................

Trade Setup:

Entry Range: 0.1280 – 0.1300

Target 1: 0.1259

Target 2: 0.1240

Target 3: 0.1220

Stop Loss (SL): 0.1325