$XEC looking a bit dicey here on the hourly.
Price has been pretty much grinding down since yesterday morning, failed to hold any bounces.
See that resistance around the 0.00002260 area? Rejected hard from there a few times.
Volume looks pretty consistent, no huge spikes to indicate a reversal yet.
Currently flirting with what could be some support around 0.00002200, but honestly, it feels fragile.
If that breaks, the next stop could be a retest of those 0.00002150 lows or even lower. I need to see some real buying conviction to change this trend.
Keeping an eye on it. Not convinced yet.
#XEC #Write2Earn