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#我在Gate广场过新年 $XPL Looks exhausted after the recent rejection at the high.
Plan – Short $XPL
Entry: 0.0995 – 0.1025
TP1: 0.0940
TP2: 0.0890
SL: 0.1060
The price faced a strong rejection near the resistance at 0.1033 and failed to maintain upward momentum. After that rejection, the price started to decline slowly, indicating that buyers are losing strength.
If the price stays below the 0.1020 area, further downside is highly likely. Failing to regain this level could push the price back to lower support levels and previous demand zones.
$XPL