$XPL – Rejection at Resistance, Bearish Pressure Building
I wanted to share a quick update on XPL and the recent price action around Plasma Finance. While the project seems to be refining its direction fundamentally, the current technical structure is showing signs of short-term weakness.
Price is facing strong rejection around the 0.1266 resistance zone, and momentum appears to be fading on the 15m timeframe. Unless bulls reclaim this level with strong volume, downside liquidity looks exposed.
Trade Idea (Bearish Setup):
Entry: Around 0.1250–0.1255
Stop Loss: 0.1266 (above recent resistance)
Take Profit: 0.1197 (next support / liquidity area)
If sellers maintain control, we could see price revisit the 0.120 zone quickly.
As always, manage risk carefully — volatility is high.
🔥 Also keeping an eye on trending movers: $RIVER and $BEAT , both showing strong volume and momentum plays.
Stay sharp.
