$XPIN just got absolutely steamrolled on the 1H chart.
From the $0.00183–$0.00188 supply zone, price didn’t “drift” down… it collapsed straight into $0.001368** in one brutal expansion candle. That’s not retail panic — that’s forced liquidations and aggressive sellers smashing bids.
Now sitting around $0.001502 (-19%), what we’re seeing is just a weak relief bounce. No structure reclaimed. No shift in control.
$0.001714 is the line in the sand.
Until that level is taken back with strength, this is distribution after breakdown — not a reversal.
Short Bias Plan
Entry: $0.001560 – $0.001620
TP1: $0.001450
TP2: $0.001368
TP3: $0.001339
SL: $0.001760
Liquidity sits above $0.001590 and $0.001714 — likely acting as supply reload zones.
Downside liquidity below $0.001368 is still open… and markets love unfinished business.
Momentum = negative.
Structure = broken.
Pressure = bearish until proven otherwise.
If bulls can’t reclaim $0.001714 with conviction, equal lows at $0.001368 — and maybe $0.001339 — are magnets.
This isn’t fear.
This is structure.
Manage risk. Stay sharp.
