⚠️ $XPL — Weak Rebound, Sell-the-Bounce Setup
$XPL is rebounding, but the move is structurally weak.
This looks like a classic sell-the-bounce inside a broader bearish trend.
Price is capped below key resistance while distribution continues.
🔹 Entry Zone
Sell: $0.128 – $0.134
🔻 Stop Loss
SL: $0.142
(Above resistance & invalidation level)
🎯 Targets
TP1: $0.120
TP2: $0.112
TP3: $0.102
🧠 Why This Setup Works
• Rebound is happening inside a bearish structure
• Heavy whale distribution detected
• Net flows: -$1.46M / hour → capital exiting
• Long/Short ratio: 0.46 → smart money adding shorts
• Token unlock: 88.9M XPL (Jan 25) → strong dilution pressure
• Price repeatedly rejected under $0.135 resistance
📌 This recovery looks like a liquidity trap — once momentum fades, sellers regain control.
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