$XVG /USDT 4H Trade Setup
Market Insight:
$XVG is down over 10% in the last 24 hours, showing clear bearish momentum. The price is hovering near short-term support, while volume remains elevated — signaling active participation during the sell-off. The pair is slightly below its MA(25), and currently retesting MA(7), suggesting a potential bounce or further breakdown.
Entry Zone:
0.00685 – 0.00710
(Just above MA(99) and slightly under MA(7); ideal for low-risk entries)
Targets:
Target 1: 0.00750
Target 2: 0.00795
Target 3: 0.00860
Stop Loss:
0.00650
(Below key horizontal support and MA(99), invalidates the bounce thesis)
Key Levels:
Support: 0.00685 / 0.00650
Resistance: 0.00750 / 0.00820 / 0.00860
Pivot Point: 0.00730 (MA25)
Pro Tip:
If XVG breaks and closes below 0.00685 on high volume, step back and wait. A clean reclaim of MA(7) with rising volume can signal a short-term reversal. Best suited for scalps or short-swing trades in the current volatility.
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