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Nayyab_BTC
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$XVG/USDT – Bearish Alert! Key Resistance Holds Strong! 🚨📉 Current Price: $0.004983 Key Resistance: $0.00500 (Strong Selling Zone) $XVG continues to face heavy rejection at the critical $0.00500 level, with sellers firmly in control after multiple failed breakout attempts. Volume is decreasing, and momentum is fading—classic signals of a potential bearish continuation! 🔥 Short Trade Setup (Futures) 🔥 🎯 Entry Zone: $0.00498 – $0.00505 (Perfect for short entries on rejection) ✅ Take Profit Targets: TP1: $0.00485 (Quick scalp target) TP2: $0.00470 (Mid-term bearish target) TP3: $0.00455 (Major support zone—secure profits here!) ⛔ Stop Loss: $0.00523 (Above the recent swing high) 📊 Market Analysis & Key Insights Lower Highs Pattern: Price action is forming declining peaks, confirming sustained bearish pressure. Low Volume Breakouts: Pushes toward $0.00500 lack conviction, likely signaling fakeouts. Aggressive Seller Activity: Any bounce is met with strong selling pressure unless buyers bring significant volume. 💡 Pro Trader Tips 🛡️ Use Low Leverage (1-3x) – Minimize risk in uncertain market conditions. 🔍 Wait for Rejection Confirmation – Look for a bearish wick at $0.00500 before entering. 📉 Trail Stop Losses – Adjust SL to breakeven after hitting TP1 to secure gains. ⚡ Secure Partial Profits Early – Take partial profits at TP1, then ride the rest. 🚨 Final Warning: If $XVG breaks and sustains above $0.00523, the bearish outlook is invalidated. Exit short positions immediately! Stay disciplined, trade wisely! 🔥📊 $XVG
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