$XVG — Momentum Cooling After the Pump

This candle structure looks exactly like the type of move that loses strength right after a sharp spike. Price pushed up fast, hit a wall, and now the rejection wick shows buyers slowing down. When a chart climbs this quickly without a proper pullback, the next reaction is usually a short-term correction. I’m treating this zone as a realistic opportunity because the momentum is clearly shifting.

Trade Setup

Short Entry: 0.00720 – 0.00726

Take-Profit: 0.00690 – 0.00676

Stop-Loss: 0.00734

XVG
XVG
0.007703
+13.44%