Surging 41%! XAN (Anoma) Bloodbath for Shorts Late at Night, Can Retail Investors Still Jump On?

XAN skyrocketed over 41% without warning today, directly triggering a chain of short liquidations. XAN has only about 25% circulation, and the main funds are leveraging the advantage of highly concentrated chips to push up the price at low cost in the spot market, forcing contract shorts to be liquidated by price slippage, further boosting the price. Currently, short-term technical indicators are severely overbought, and the high negative funding rate has turned the market into a slaughterhouse, with the main players possibly taking profits at high levels at any moment!

For longs or spot positions, it is recommended to take profits in stages within the resistance zone of $0.0135 to $0.0145. Shorts should not blindly try to top out and resist; they must wait until the price breaks below the key support of $0.012 or when the hourly chart shows a huge volume but fails to rise, leaving a long upper shadow, then lightly enter a position, with a strict stop loss set at $0.015!

This coin is probably a trap set by the big whales; entering a step late means becoming a bag holder. Those who have already made profits should quickly take profits in stages and secure their gains; those who haven't entered should stay cautious and see how long and how much it has risen! If you want to short, wait until it can no longer be pushed up and breaks below $0.012, then act, but be sure to set a stop loss—don't leave your fate to luck, wealth is in your own hands! $XAN ‌#XAN