$XNY's recent performance is worth paying attention to. After a volume increase to 59%, the price broke out strongly, accompanied by a surge in holdings. This combination signal is very clear——a typical main capital inflow and upward push structure, rather than a short squeeze.



From a technical perspective, the bullish direction is the current main logic. The entry zone is set between 0.00430 and 0.00445, which is relatively safe. The stop-loss is set at 0.00410, which is a rigid stop-loss point; if it breaks below, it indicates the structure has failed. Two target levels are set at 0.00490 and 0.00550 respectively.

Why do I judge it this way? The core reason is the details shown in the price action. The breakout is accompanied by massive volume and high holdings, which are clear signals of strong capital entering. Looking at the chart logic, the rise is supported by sufficient volume, and during the pullback, there are no signs of panic selling. Buying interest continues to absorb sell orders on lower timeframes. As long as the price can stay above the breakout area, an extension of the upward trend is highly probable. This is the most worth paying attention to trading opportunity right now.
XNY52.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
MevHunter
· 01-23 06:06
The main force entry signal is so clear, it feels like we need to seize this wave.
View OriginalReply0
FlashLoanLarry
· 01-23 06:02
yo the volume expansion thesis checks out ngl... but that bid absorption stuff? classic market maker psyops imo
Reply0
AirdropLicker
· 01-23 02:04
The main force entering the market is so obvious, what are you afraid of? Just do it.
View OriginalReply0
SatoshiLeftOnRead
· 01-20 08:55
Wait a minute... After a 59% volume increase, there are still so many people willing to chase? Don't cry when the main force dumps the market.
View OriginalReply0
SatsStacking
· 01-20 08:54
Massive breakout with position surge, the main force's entry feels quite strong. Looking optimistic.
View OriginalReply0
BlockchainRetirementHome
· 01-20 08:52
It's the same story about major funds entering the market; I've heard this kind of talk too many times.
View OriginalReply0
SilentObserver
· 01-20 08:51
Is it the same old story of massive breakthroughs again? Is this for real this time?
View OriginalReply0
  • Pin