$XPL $XPL looks exhausted after rejection from the recent high.
Plan – Short $XPL Entry: 0.0995 – 0.1025 TP1: 0.0940 TP2: 0.0890 SL: 0.1060 Price faced strong rejection near the 0.1033 resistance and failed to hold the upside momentum. After that rejection, price started moving down slowly, showing buyers are losing strength. If price stays below the 0.1020 zone, further downside is likely. Failure to regain this level can push price back toward lower support and previous demand area.
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$XPL $XPL looks exhausted after rejection from the recent high.
Plan – Short $XPL
Entry: 0.0995 – 0.1025
TP1: 0.0940
TP2: 0.0890
SL: 0.1060
Price faced strong rejection near the 0.1033 resistance and failed to hold the upside momentum. After that rejection, price started moving down slowly, showing buyers are losing strength.
If price stays below the 0.1020 zone, further downside is likely. Failure to regain this level can push price back toward lower support and previous demand area.