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$XPL Momentum Slowing as Sellers Defend Resistance
$XPL is approaching a key resistance zone where selling pressure continues to build. Buyers are still holding support, but the repeated rejection near current levels suggests upside momentum is weakening.
Trade Setup
Position: Short
Entry: $0.0868 – $0.0872
TP1: $0.0855
TP2: $0.0840
TP3: $0.0825
Stop Loss: $0.0885
A confirmed rejection from resistance would strengthen the bearish case. Stay patient, wait for confirmation, and manage risk on every trade#DirectIPOSeason2JerseyMikes