$XVS is currently trading at 5.89 USDT, positioned within a tight range.
The market structure appears to be ranging, indicated by its current RSI of 50.5.
A breakout above the resistance at 5.97 USDT could offer aggressive trading opportunities.
Conversely, a dip below the support level of 5.7 USDT may trigger a bearish sentiment.
Traders should remain cautious of Bitcoin's volatility and broader macroeconomic shifts, which can weigh heavily on altcoins like XVS.
