๐ #XNO Analysis
$XNO is moving within a clear horizontal channel on the 4H chart. Right now, itโs heading toward the bottom of that range โ a strong support zone that has held multiple times before.
๐ Once $XNO touches this zone, it could be a good time to start accumulating in spot.
โ ๏ธ Also, watch for a possible fakeout below the range. If that happens and price quickly reclaims the level, it may trigger a strong bounce โ setting up a solid long entry.
๐งโโ๏ธ Be patient. Let the setup play out and wait for confirmation.
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