Trade Setup: $XVS/USDT – Squeeze Breakout in Play!
Entry: $5.70 – $5.78
Stop Loss (SL): Below $5.60
Take Profit (TP):
TP1: $5.88
TP2: $6.05
TP3: $6.22
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Chart Structure & Market Insight
$XVS currently showing a classic symmetrical triangle squeeze, with price coiling tightly between $5.58 and $5.79. This low-volatility environment is a textbook sign of an upcoming explosive move—most likely to the upside.
Recent bullish candles with long wicks near support reflect that buyers are defending aggressively, and price is pressing against resistance.
What to Watch:
Breakout Confirmation: A clean 1H/4H candle close above $5.80 with rising volume
Volume Spike: Look for increased volume at breakout—low volume = fakeout risk
Momentum Strength: If price clears $5.80 convincingly, targets up to $6.22 are highly realistic
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Strategy Notes:
Don’t chase the trade—wait for breakout or dip into entry zone
Trail your stop as price moves toward targets
Lock partial profits at TP1 and TP2, let the rest ride toward TP3
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Reminder: Squeeze setups don’t last forever—when they pop, they move fast. Be ready, not reactive. $XVS is heating up—watch closely!