$XVG / USDT – SHORT TRADE ALERT!
Current Price: $0.007946
Drop Incoming After +22.4% Pump?
$XVG just tapped a 24H high of $0.008499, showing signs of exhaustion near major resistance. With price rejecting off the MA(7) and momentum slowing down, this could be the start of a cool-off phase.
📉 Short Setup:
Entry Zone: $0.00795 – $0.00830
TP1: $0.00750
TP2: $0.00705
TP3: $0.00660
SL: $0.00860
📌 Key Levels:
Resistance: $0.00850
Support: $0.00660
24H Range: $0.006468 – $0.008499
📈 Market Insight:
Volume is still high (1.15B XVG), but the move is looking overextended. Price is currently below MA(7) and struggling to reclaim it. This hints at potential distribution at the top, ideal for a short scalping opportunity.
💡 Pro Tip:
Watch the 15m/1h candle closes — if they keep printing lower highs below $0.0081, downside pressure could increase quickly. Ideal for quick shorts with tight stops.
Trade safe, trade sharp!
