$1000XEC Prepare to short a move at the high. This coin is currently pinned down by the moving averages and can’t catch its breath. The bounce looks too hard to sustain. I think it’s possible to take advantage of the bounce getting exhausted and short in line with the downtrend.

Entry can be watched in the range 0.007802 to 0.007997. Downside targets are around 0.007589 and 0.007341. Put the stop-loss at 0.008237.

But be careful about the risk: from here it might spike above 0.007850 to sweep liquidity, then continue to fall. Don’t go all-in—control your position size based on your own account, and don’t chase too aggressively.