$XEC is squeezing tightly around 0.00001270, showing clear signs of pressure building.
Buyers are protecting 0.00001258 aggressively, and that’s the level where liquidity is stacking.
The earlier spike to 0.00001323 was a liquidity hunt, and now price is stabilizing —
this usually leads to a fast reaction move.
Support: 0.00001258 – 0.00001260
Resistance: 0.00001312
Next Target: 0.00001325+
A breakout above 0.00001312 will open the door for a clean continuation candle.
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