$XPL Short Setup 🔴
$XPL is showing growing bearish momentum as the short liquidation sequence has extended to 3, suggesting sellers are steadily gaining control.
SHORT SETUP 🔴
Entry: 0.0758 – 0.0762
SL: 0.0778
🎯 TP1: 0.0745
🎯 TP2: 0.0730
🎯 TP3: 0.0715
The cumulative short liquidation has reached $30k (0.125% of 24h volume). Three consecutive short signals indicate persistent selling pressure, and the relatively higher share of daily volume strengthens the bearish outlook if support fails.
Wait for a confirmed rejection from resistance or a clean breakdown below support before entering. Avoid chasing extended downside moves, let price action confirm the setup, and always use disciplined risk management.
Short here 👇
