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【$XAN Signal】Pullback to buy / 1H level strong consolidation
$XAN 1H level surges higher then consolidates strongly, price remains above the upper band of the 4H Bollinger Bands. RSI on 1H is at 71, on the 4H level it spikes to 77, indicating buying strength has not yet exhausted. The 4H MACD histogram continues to expand, bullish momentum is still being released. Market depth shows sparse sell orders, buy orders around 0.0106 form the first line of defense.
Price pulling back below 0.010642 can be bought in batches, this is an area where bulls actively defend.
🛑Support is set at 0.007861, a break below would break the structure.
🚀First target is 0.010697, near the psychological barrier of the previous high.
🚀Second target is 0.010740, breaking through opens up space above.
🛡️Trading management:
- Execution strategy: When the price reaches 0.010697, halve the position, and move the stop loss of the remaining position to the cost price. If the price cannot hold above 0.0106 and falls back again, consider actively exiting