$XPL /USDTBOOOOOOOOOM short signal tread 🛑 🚥 😔 😔 💪🏻
BEARISH PRESSURE BUILDS – PRICE TESTS CRUCIAL SUPPORT AS SELLERS TIGHTEN GRIP!
$XPL has dropped sharply by over 15%, slipping below the short-term moving averages and forming consecutive lower highs on the chart. The pair is now hovering near the $0.34 support zone, a key level that, if broken, could accelerate further downside momentum. Weak buying volume and consistent sell pressure suggest that bulls are losing control, keeping the near-term bias bearish unless a strong reversal candle appears above $0.37.
Trade Setup:
🔴 Short Entry: $0.35 – $0.36
🎯 Targets (TP): $0.33 / $0.31 / $0.29
🛑 Stop Loss (SL): $0.38
Market Outlook:
The overall market structure remains bearish, with momentum indicators pointing downward. Traders should watch the $0.34 level closely — a breakdown could trigger a continuation toward deeper lows, while any bounce would likely face heavy resistance at $0.37–$0.38.
#XPL #BearishTrend #MarketPullback #MarketBreakdown #ALTCOINUPDATE
buy and trade here on $XPL