🚀 $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