🚀 $XEC – Price Squeezed Inside Descending Triangle, Breakout Imminent? 🔥
🔹 Current Price: $0.00002094
🔹 24h Change: +2.65%
🔹 24h High: $0.00002105
🔹 24h Low: $0.00002021
🔹 24h Volume: 25.08B — steady liquidity with narrowing volatility
📊 Technical Highlights:
✅ Price is consolidating within a descending triangle, with resistance at $0.00002244 and support near $0.00001921
✅ Recent bounce from $0.00001797 suggests buyers are still active around key demand zones
✅ MA(5) at 3.71B vs. MA(10) at 4.52B — showing reduced short-term momentum but holding inside range
✅ MACD close to neutral with slight bullish histogram flip — early signs of momentum shift
✅ Breakdown below $0.00001921 could open doors to $0.00001760, while reclaiming $0.00002244 could trigger a breakout
🎯 Take Profit Targets:
TP1: $0.00002240 ➜ +7%
TP2: $0.00002450 ➜ +16%
TP3: $0.00002560 ➜ +22%
TP4: $0.00002900 ➜ +38%
🛡️ Stop-Loss Suggestion: $0.00001920 — losing this level risks further downside to $0.00001760
💡 Smart Reminder: $XEC is at a make-or-break zone inside its triangle. Volume expansion on either side will decide the next major move.
👉 Do you think $XEC will break above $0.0000224 for a bullish continuation, or will sellers force a breakdown below $0.0000192?
Share your thoughts 👇