$XPL L/USDT BEARISH RETREAT — BUYERS LOSING CONTROL AS PRICE FALLS BELOW $0.90!
$XPL has entered a corrective phase after failing to sustain above the $0.94–$0.95 resistance zone, now trading near $0.88. The 4H chart shows a clear bearish shift with lower highs forming and volume tapering off, indicating that sellers are regaining strength. If price breaks below $0.85, it could trigger a deeper decline toward $0.83–$0.82 support levels. RSI is cooling off from overbought territory, confirming a short-term reversal in sentiment.
🔹Trade Setup:
Entry (Short): $0.89
Target (TP): $0.85 / $0.82
Stop Loss (SL): $0.94
📊Market Outlook:
While the broader trend remains neutral-to-bullish, $XPL is likely to experience a short-term pullback before stabilizing. A strong bounce from $0.82 could attract renewed buying interest for the next leg higher.
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