🚨 $XPL / USDT – SHORT TRADE SIGNAL (1H TIMEFRAME) 🔻

🚨 $XPL / USDT – SHORT TRADE SIGNAL (1H Timeframe)

🔥 Market Overview:

$XPL has entered a clear corrective phase after a strong bullish run toward the $1.02 zone. The rejection from the top, combined with consecutive bearish candles, confirms selling pressure near the previous high.

The price has also broken below the key support-turned-resistance zone at $0.94–$0.95, signaling potential continuation to the downside as buyers lose control.

A retest of this breakdown zone could offer an ideal short entry setup.

🔑 Key Levels:

Resistance Zone: $0.94 – $0.96

Support Zone: $0.83 – $0.84

📌 Trade Setup (Bearish Continuation):

💰 Entry Zone: $0.93 – $0.94

🎯 TP1: $0.87

🎯 TP2: $0.84

🛑 Stop Loss: $0.968

💡 Market Outlook:

The structure on the 1-hour timeframe shows lower highs and lower lows, confirming a bearish reversal from the top. The Aroon indicator also signals a shift toward a stronger downtrend.

If the price fails to reclaim $0.95, sellers are likely to dominate and push $XPL toward the $0.84 demand area.

Shorts remain favorable while below the resistance zone.

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