📉 $XPL BEARISH BREAKDOWN IMMINENT! MARKET SHOCK CONTINUES 🔥
Global turmoil and escalating trade war fears have triggered a heavy sell-off across markets, and $XPL is no exception, plunging -6.39% in the latest session. 📉 With panic-driven volume rising, the chart reveals a bearish continuation pattern likely to push the price even lower. Let's break it down technically 👇
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🔎 CURRENT PRICE: $0.654
🔻 KEY SUPPORT LEVELS:
$0.630 – Major local support; if broken, expect further downside
$0.600 – Psychological round number + previous structure
🔺 RESISTANCE ZONES:
$0.690 – Minor intraday resistance
$0.720 – Major resistance from previous consolidation
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🔥 TRADE SETUP: SHORT ENTRY
📍 Entry: $0.654 (current level)
🎯 Target 1: $0.630
🎯 Target 2: $0.600
🛑 Stop Loss: $0.690 (above minor resistance)
📊 Risk-Reward Ratio: ~2.0 ✅
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⚠️ RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Use position sizing to maintain control. Volatility is high—stay disciplined and avoid revenge trading! 🚫
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💣 TRADE WAR FEARS = OPPORTUNITY IN CHAOS
BE SHARP. TRADE SMART. 💼📊$XPL