📉 XVSUSDT: Bearish Trend Continues, Shorting Opportunity!
About the Coin: XVSUSDT has been in a clear downtrend, with the price consistently making lower highs and lower lows. Despite minor bounces, the overall momentum remains bearish. Both the MA5 and MA10 are indicating a strong bearish bias.
Trade Setup: Short opportunity
TP1: 6.10
TP2: 5.95
TP3: 5.80
Stoploss: 6.35Market Insight: XVSUSDT is facing significant selling pressure. The recent attempts to break above resistance have failed, confirming the bearish sentiment. Traders should look for shorting opportunities on rallies towards resistance levels, with a tight stop-loss to manage risk.
Trade $XVS here👇🏻