$XPL /USDT SHORT TRADE SIGNAL 🔻
Price is facing rejection after failing to hold above the 1.40–1.42 resistance zone. Sellers are stepping in with volume, pushing the pair back toward lower supports. Momentum is weakening, favoring short opportunities.
Trade Setup:
Entry: 1.1750 – 1.1850
Target 1: 1.0600
Target 2: 0.9000
Target 3: 0.7000
Stop Loss: 1.3100
Market Outlook:
If price continues below 1.1750 with sustained pressure, bears may drive it further down toward 1.00 psychological level. Any bounce toward 1.30 is likely to face strong resistance.