#plasma $XPL 📉 @Plasma Market Structure (Update)

• Clear breakdown below 0.123–0.124 support

• All MAs (7 / 25 / 99) above price → strong bearish pressure

• Volume spike on red candles → distribution

• Next major support still 0.1138

Bias = SHORT stays dominant

⸻

✅ SHORT SETUP (High Probability)

Entry (2 ways):

Aggressive:

• 0.1195 – 0.1210 (current zone)

Safe:

• 0.1230 – 0.1250 (pullback to broken support)

Stop Loss:

• 0.1270 (above MA25 & structure)

Take Profits:

• TP1: 0.1165

• TP2: 0.1138 (major support)

• TP3: 0.1100 (if panic sell continues)

📌 After TP1 → move SL to entry.