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$XPL Short Setup Alert, Bear Analysis
$XPL /USDT lost the 1.40 handle on 15M and is bouncing weakly into supply. Structure prints lower highs/lows, keeping sellers in control. If a retest of 1.38–1.40 gets sold, continuation lower looks probable.
📊 Market Snapshot
Timeframe Analyzed: 15M
Current Price: 1.3922
24h High: 1.6930
24h Low: 1.3637
Volume: 502.27M XPL, 767.92M USDT
📌 Key Levels to Watch
Support: 1.3637, 1.3400, 1.3200, 1.2800
Resistance: 1.4000, 1.4200, 1.4500
🎯 Trade Setup
Entry Zone: 1.3800 – 1.4000 (sell the bounce)
TP1: 1.3200
TP2: 1.2800
TP3: 1.2000
SL: 1.4500
⚠️ Invalidation
Setup invalid if price reclaims 1.4500 on a 15M close or flips 1.40 into support with rising buy volume.
✨ Summary
Momentum favors bears below 1.40. Unless buyers reclaim 1.45, the path of least resistance points to 1.32 → 1.28 → 1.20.
#XPL #XPLUSDT
#Crypto #ShortSetup
#Bearish #PriceAction #Binance