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【$XNY Signal】Multiple callbacks, wait for deep retracement
$XNY 1H surged to 0.00918 then pulled back, 4H MACD histogram begins to narrow. Selling depth ratio is 76%, funding rate is 0.0657% which is relatively high, short-term profit-taking pressure is obvious. Current risk-reward ratio is not ideal, be patient and wait for a more stable entry point.
🎯Direction: Long (retracement order)
⚡Entry/Order: 0.006413 (recommended lower limit of entry zone)
🛑Stop loss: 0.006169
🚀Target 1: 0.006900
🚀Target 2: 0.007144
🛡️Trade management: - Place order to enter, cancel if not triggered. Reduce 50% at Target 1, move stop loss up to entry price, remaining position depends on Target 2. If price falls below stop loss, exit strictly.
Depth logic: 4H RSI 81.38 overbought zone, 1H MACD bullish momentum is shrinking, selling depth continues to increase, short-term bulls are weakening. But the trend remains strong, wait for retracement to previous low support zone to go long, risk is controllable.
View real-time market 👇 $XNY
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