$XEC USDT BEARISH PRESSURE BUILDING ā SUPPORT ZONE AT RISK!
The
$XEC USDT pair is currently showing signs of exhaustion after failing to reclaim the resistance near 0.00001955. The price has made lower highs and recently printed a fresh low at 0.00001905. MACD and RSI both point to bearish momentum continuation, while the short-term MA(5) remains under MA(10), suggesting ongoing downward pressure.
š Trade Setup:
Entry (Short): 0.00001910 ā 0.00001914
Stop Loss: 0.00001947
Take Profit:
1. 0.00001890
2. 0.00001865
šŖ Risk Management: Use 2ā3% of wallet
š Leverage:
š Market Outlook: Momentum indicators are still weak. RSI is hovering near 37 ā not yet oversold, implying further downside room. The MACD histogram remains red with no signs of reversal yet. Until a clear breakout above the 0.00001947 resistance occurs, downside pressure dominates.
xBUILDING ā SUPPORT ZONE AT RISK!
The $XECUSDT pair is currently showing signs of exhaustion after failing to reclaim the resistance near 0.00001955. The price has made lower highs and recently printed a fresh low at 0.00001905. MACD and RSI both point to bearish momentum continuation, while the short-term MA(5) remains under MA(10), and trade here
š Trade Setup:
Entry (Short): 0.00001910 ā 0.00001914
Stop Loss: 0.00001947
Take Profit:
1. 0.00001890
2. 0.00001865
šŖ Risk Management: Use 2ā3% of wallet
š Leverage: 10x
š Market Outlook: Momentum indicators are still weak. RSI is hovering near 37 ā not yet oversold, implying further downside room. The MACD histogram remains red with no signs of reversal yet. Until a clear breakout above the 0.00001947 resistance occurs, downside pressure dominates.
#CryptoTrading #XECUSDT #BearishSetup #Altcoins #TechnicalAnalysis
buy and trade here on
$XEC