đš $XPL /USDT â Bears Take Control! đ»
$XPL has sharply broken short-term support at $1.45, sliding to $1.4213 (-7.95%) after rejecting the recent high at $1.6930. MA & EMA are down, price hugging the lower Bollinger Bandâmomentum clearly favors sellers.
đč Trade Setup (Short): $1.42 â $1.44
đŻ Targets: $1.35 (TP1) | $1.28 (TP2)
đĄïž Stop-Loss: $1.50
đč Market Outlook:
Failure to reclaim $1.45â$1.50 could extend the downtrend toward $1.28 or lower. A breakout above $1.50 may spark a short squeeze back to $1.60. Currently, bears dominate, so caution on longs until reversal signals appear.
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