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$XNY surges to a key resistance level after a strong rally, with clear overbought signals and increased risk of a pullback.
Go short now $XNY
Entry: 0.00600 – 0.00615
Stop loss: 0.00625
Target 1: 0.00595
Target 2: 0.00560
Target 3: 0.00545
In the recent surge, the price has become seriously overbought, and momentum indicators have reached their limits. Buyers are now facing a solid historical supply zone, and the initial momentum is cooling off. The sense of liquidity is changing, and selling pressure is starting to influence momentum. As long as sellers remain active, this environment paves the way for a significant price correction.
Trade here $XNY 👇