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#XAN Market Update📈
The rally has been going up continuously, but it has stalled and stopped moving at this level⚠️
Trading Strategy: Short $XAN
- Entry: 0.0106 – 0.0110
- Stop Loss: 0.0118
- First Target: 0.0098
- Second Target: 0.0090
Brief explanation of the logic👇
This uptrend has been going on for quite a while, but the upward momentum is now clearly weakening, and the price action is becoming choppy and unsmooth.
Although the bulls are still holding on, the strength is deteriorating. The price is grinding near resistance, not making a clean push upward.
Short-side capital is slowly returning. Once the uptrend stalls and buying pressure weakens, a pullback is likely to occur📉
Short-term bias is bearish. Execute according to the plan, and make sure to manage risk properly✅
Trade here👇
$XAN