$XVG SHOWING TEXTBOOK DEMAND ZONE ENTRY WITH 3:1 R:R ๐ฅ
Entry: 0.00216 โ 0.00218 ๐ฅ
Target: 0.00228, 0.00240, 0.00260 ๐
Stop Loss: 0.00208 โ ๏ธ
Price is tapping a well-defined accumulation range on the 1H chart where buy-side orders have been clustering since early this week. The last two touches at 0.00216 each produced a 4-6% snapback, and the current volume profile shows aggressive absorption near the low end.
With three clear profit targets and a tight stop just 3.7% below, the structure rewards patience. The first target at 0.00228 aligns with the previous resistance-turned-support. Are you scaling in here or waiting for a deeper sweep?
Not financial advice. Always manage your risk.
#XVG #LongSetup #Breakout #Crypto #Verge
๐ฏ
Entry: 0.00216 โ 0.00218 ๐ฅ
Target: 0.00228, 0.00240, 0.00260 ๐
Stop Loss: 0.00208 โ ๏ธ
Price is tapping a well-defined accumulation range on the 1H chart where buy-side orders have been clustering since early this week. The last two touches at 0.00216 each produced a 4-6% snapback, and the current volume profile shows aggressive absorption near the low end.
With three clear profit targets and a tight stop just 3.7% below, the structure rewards patience. The first target at 0.00228 aligns with the previous resistance-turned-support. Are you scaling in here or waiting for a deeper sweep?
Not financial advice. Always manage your risk.
#XVG #LongSetup #Breakout #Crypto #Verge
๐ฏ