$XPL USDT Market Update
Trade Type: SHORT → Resistance Rejection Setup
Entry Zone: 0.0930 – 0.0950
Key Resistance: 0.0970
Targets:
TP1: 0.0905
TP2: 0.0875
TP3: 0.0840
Stop Loss: 0.0985
Market View:
XPL showed a strong bullish expansion from 0.0783
to 0.0969 with aggressive buying volume. However,
price faced immediate rejection near the 0.0970
resistance zone, forming exhaustion at the top.
Current candles indicate slowing momentum and
possible distribution after the sharp move.
Such vertical rallies often lead to short-term
pullbacks before continuation.
As long as price stays below 0.0970, probability
favors a retracement toward previous support zones.
Bias: Short-Term Correction
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XPL
0.0871
+7.79%