【$XNY Signal】Multiple funds support the bottom, pull back to buy more

$XNY Current price: 0.007071, 4H Bollinger upper band at 0.0071 running along the edge, 1H RSI 65 not overbought, buy depth ratio of 1.04 shows support below is still solid. Three consecutive 1H bearish candles with decreasing volume indicate weakening selling pressure. Funding rate is 0.0091%, neutral and slightly low, open interest remains stable, no signs of panic selling.
🎯Direction: Long
⚡Entry/Order: 0.00704979 - 0.00707100
🛑Stop loss: 0.00700029
🚀Target 1: 0.00717706
🚀Target 2: 0.00723010
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Although the MACD 4H histogram is contracting, the fast line remains above zero, indicating the bullish trend is intact. The middle Bollinger band at 0.0066 and the 50 EMA on the 1H chart at 0.0060 form a support zone, limiting the depth of the pullback. The order book has sparse sell orders, clearly showing support from funds, current risk-reward ratio is 1.5, worth a shot.
Check real-time market 👇 $XNY
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