$XNY is showing weakness after local top



Short $XNY

Entry: 0.00805 – 0.00835
SL: 0.0086

TP1: 0.0075
TP2: 0.0070
TP3: 0.0060
TP4: 0.0055

Why:
After a strong push to 0.00918, price faced rejection and is now forming lower highs on the 1H. Volume spike at the top followed by declining participation suggests distribution. Unless it reclaims 0.0086 with strength, this looks like a pullback phase.

📩 DM me to know how to join my premium group for high quality trade setups

Trade $XNY here 👇

{future}(XNYUSDT)
XNY2.84%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin