$XAI 🚨🤑🚀
Current price: $0.0635
It rose sharply to $0.0642 but is now showing early signs of exhaustion on the one-hour chart. A red candle after a vertical rise indicates a potential correction coming.
🔻 Short trade setup:
• Entry zone: $0.0635 – $0.0638
• TP1: $0.0615
• TP2: $0.0598
• TP3: $0.0575
• Stop loss: $0.0646
Momentum analysis:
If momentum is bearish:
It may indicate a continued decline in the coming days, especially if momentum is negative on longer timeframes.
If momentum is bullish:
It may indicate a potential bounce or end of the decline, especially if there is a positive crossover of momentum indicators.
Where to find more information?
Price charts:
You can track the XAI/USDT price chart on TradingView to identify trends and patterns.
Momentum indicators:
Indicators such as the Relative Strength Index (RSI) or Average True Range (ATR) can be used to assess the strength of the current trend.
News and analysis:
Look for any news or analysis related to XAI or USDT that may impact prices.
Remember:
Cryptocurrencies are highly volatile, and there can be significant price fluctuations.
Do not trade more than you can afford to lose.
If you are unsure how to trade, consult a financial expert.
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