$XVS found support at $6.29 after a sharp decline from $6.54 and is now attempting a recovery, trading around $6.39. Buyers are stepping in on lower levels, aiming for a retest of the $6.44 – $6.50 resistance zone. A breakout above this area could open the path toward recent highs.

Trade Setup

Long Entry: $6.36 – $6.40

Target 1: $6.50

Target 2: $6.54

Stop Loss: $6.28

Market Outlook: If $XVS holds above $6.29, the recovery trend could strengthen. A strong close above $6.50 will be key for confirming further upside momentum.

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