$XVG /USDT 4H Trade Setup
Market Insight:
$XVG is currently trading near the mark price of 0.0077823, slightly below both the 7 and 25 MA, indicating mild bearish pressure. However, it's holding above the long-term 99 MA at 0.0074876, showing possible support around that zone.
Entry Zone:
š¹ 0.00750 ā 0.00778
(Accumulate within this range for a safer entry near support and rising volume interest)
Targets:
šÆ Target 1: 0.00810
šÆ Target 2: 0.00836
šÆ Target 3: 0.00862
Stop Loss:
ā 0.00730
(A break below this level may invalidate the current structure and trigger further downside)
Key Levels:
Support: 0.00750 / 0.00732
Resistance: 0.00810 / 0.00836
Pivot: 0.00778 (Mark Price and mid-range)
Pro Tip:
Volume has spiked to 110M, significantly above the 5 and 10-period MAs, indicating growing interest. A confirmed break above 0.00810 with strong volume may fuel a breakout to test the 0.00836ā0.00862 zone. Watch for volume divergences or rejections near 0.00810.