⚠️ $XVG /USDT – Pressuring Lower Bollinger Band, Breakdown or Bounce? 🔍
XVG is trading at $0.004753 (-0.36%), hugging the lower Bollinger Band at $0.004757 and barely holding above its 24h low of $0.004741.
The price is sitting in a danger zone — either we see a quick relief bounce, or further downside may follow.
📊 24H Range: $0.004741 – $0.004994
📉 Volume: 170.14M XVG – active, but weak directionally
📈 Structure: Price has slipped below the mid-band ($0.004868) and remains under pressure
🎯 Trade Plan (Bounce or Breakdown Watch):
• Entry: $0.00474 – $0.00476 (if bounce shows strength)
• TP1: $0.00487 – mid-band test
• TP2: $0.00498 – upper band resistance
• TP3: $0.00517 – breakout extension
• SL: $0.00461 – below critical support zone
💡 Strategy Tip: If price reclaims $0.00480 with bullish volume, the bounce may play out. If not, prepare for a retest of lower support levels.
XVG is sitting at the edge — trade wisely and watch momentum closely! 📉📈
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