$XVG /USDT – Short Signal Triggered on Weak Reversal Setup! 🚨
Current Price: $0.007042 (+4.98%)
After testing the $0.007445 high, $XVG has shown signs of buyer fatigue and bearish momentum building on the 30m chart.
Short Trade Setup:
Entry Zone: $0.007050 – $0.007100
TP1: $0.006900
TP2: $0.006750
TP3: $0.006600
Stop Loss: $0.007480
Resistance Zone:
$0.007300 – $0.007445 (multiple rejections, wick exhaustion)
Support Levels:
$0.006900 (local demand area)
$0.006600 (breakout base)
Market Insight:
The sharp uptrend faced strong rejection with lower highs and consistent red candles forming. Volume is tapering off, suggesting a corrective move is underway.
Pro Tip:
Watch for breakdown under $0.007000 with strong candle close – that’s your signal for confirmation. Ideal for short scalps with tight stops.
Bearish momentum taking over – scalp the dip smartly!
#MarketRebound #TrumpTariffs #SaylorBTCPurchase #WhaleJamesWynnWatch #Bitcoin2025