$XVS could be heading into a dangerous phase!

The recent price action reveals a clear loss of bullish strength, with sellers repeatedly rejecting attempts to move higher.

A major distribution pattern appears to have completed, and the latest sharp decline signals growing downside risk.

The $2.70 region is now worth monitoring. Losing this area could trigger another wave of liquidation toward $2.55 and $2.40.

Any short-term bounce may struggle to gain traction while the broader structure remains weak.

$XVS is entering a critical zone. Watch for the next breakdown confirmation!