$XNY is reacting from a critical support zone where the heavy downside pressure is finally starting to fade.
The recent pullback looks more corrective than impulsive, which is a high-probability sign for a reversal. Selling pressure is visibly slowing as price stabilizes around this area. Early signs of demand are beginning to appear on the lower timeframes, suggesting buyers are stepping back in to defend this level.
If this zone holds, we expect a bounce that could quickly expand into a stronger upside continuation.
My Trading Plan for $XNY :
đą Entry Zone: 0.0077 â 0.0081
đŽ Stop Loss: 0.0074 (Protect your trade!)
Profit Targets:
đŻ TP 1: 0.0085
đŻ TP 2: 0.0092
đŻ TP 3: 0.0099
The risk-to-reward ratio here is excellent. Let's watch the 0.0081 resistance for a confirmed breakout! đ
Trade $XNY here đ
#XNY #longsignal #TechnicalAnalysis #BinanceSquare #writetoearn
