$XPL Bears Taking Control After Sharp Rejection

$XPL is flashing weakness after facing a strong rejection near the $0.096 resistance zone, shifting market momentum from aggressive buying to controlled selling pressure. The rally has stalled, structure is weakening, and sellers are beginning to step in.

Price action now shows a clear bearish pullback structure, with lower highs forming on the 1H timeframe and momentum fading through consecutive red candles.

The market is transitioning — and downside pressure could expand if key levels break.

Trade Plan — Bearish Setup

Entry Zone: $0.08950 – $0.09100

Stop Loss: $0.09580 (structure invalidation)

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