#XPL LONG LIQUIDATION JUST HIT! 💥

$1.627K in longs wiped out at $0.1627 — bulls just got knocked out cold, and momentum is shifting straight into BEAR territory 🐻📉

This liquidation shows upside weakness, meaning sellers may take control for the next downward leg 👀⚡

📊 Market Sentiment:

– Longs liquidated → bearish pressure rising 😨

– Strong rejection wicks forming

– Momentum favoring downside

– Traders cautious after liquidity sweep ⚠️

📌 Key Price Levels (Support / Resistance)

🟦 Support Zones:

• $0.1550 — first support

• $0.1490 — key breakdown zone

• $0.1400 — deep bearish target

🔺 Resistance Zones:

• $0.1655 — immediate rejection area

• $0.1710 — strong resistance ceiling

• $0.1780 — invalidation zone

🔥 SHORT SETUP (Clean & Aggressive):

If price fails to reclaim above resistance:

🎯 Short Targets:

1️⃣ $0.1550

2️⃣ $0.1490

3️⃣ $0.1400 (extended bearish flush)

🛑 Invalidation:

Break above $0.1710–$0.1780 with strong volume ❌

🚀 NEXT MOVE:

The long liquidation at $0.1627 cleared upside liquidity — now the chart favors a downward continuation, especially if resistance holds.

Bears may reload aggressively on any weak bounce 🐻🔥

#XLP

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