$XNY: The Dip is Bought – Rebound in Motion! 🚀
📊 Trading Plan: $XNY Long
* Entry Zone: 0.00518 – 0.00533 (Current reclaim levels)
* Stop Loss (SL): 0.00485 (Below the liquidity sweep low)
Targets (TP):
* TP1: 0.00555 (Immediate resistance)
* TP2: 0.00590 (Mid-range supply)
* TP3: 0.00630 (Breakout target)
The "shallow wash" is officially over. After a quick sweep of liquidity below short-term support, $XNY (Codatta) was immediately absorbed by hungry buyers. This "V-shape" recovery on the lower timeframes is a classic signal of seller exhaustion.
Structurally, XNY has reclaimed its base. The sellers tried to expand momentum, but the demand zone held firm, and volume is now starting to build on every minor pullback. We are looking at an early continuation phase toward the next major supply pocket.
> Pro Tip: Keep an eye on volume. If the base holds on small pullbacks, the path to $0.00630 looks incredibly clean.
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Trade $XNY here 👇
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