🔴 $XPL — Long Liquidation $1.66K at 0.1668
Sentiment: Bearish pressure
Current Price: Hovering just below liquidation level
Market Insight:
Longs were flushed at 0.1668, showing buyers entered too early into resistance. Momentum has shifted downward, and XPL is now trading inside a corrective pocket where sellers dictate flow.
Support: 0.1630
Resistance: 0.1682 then 0.1715
Targets:
TP1 0.1660
TP2 0.1688
TP3 0.1712
Next Move:
XPL must hold above 0.1635 to avoid additional downside. A reclaim above 0.1680 is the trigger for a bullish reversal attempt.
Pro Tip:
For XPL, long liquidations near mid-range commonly precede a second dip before recovery. Patience becomes the edge.
XPL
0.1732
-1.42%
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