The $XNO /USDT trade successfully achieved the first target of $1.18, with the price peaking at $1.66, demonstrating strong upward momentum.
The stop-loss level at $1.02 was not triggered, ensuring the trade remains secure.
$XNO /USDT is showing bullish momentum, currently trading around $1.44 with a 24-hour high of $1.66.
The price has broken above a critical resistance level of $1.35, supported by strong 24-hour volume of $19.6M, indicating potential for further upside.
The next resistance levels to watch are $1.66 and $1.80, with key support at $1.30 and $1.20.
A conservative entry point would be $1.40, while profit-taking levels are recommended at $1.66, $1.80, and $2.00.
To manage risk effectively, stop-loss levels should be set at $1.30 for a cautious approach or $1.20 for more aggressive traders.
The current trend suggests a profitable trade setup, but strict discipline in risk management is crucial to secure gains and protect capital.
The $XNO /USDT trade has shown significant bullish momentum, achieving key targets of $1.18 and $1.50, and now trading at $1.44 with a high of $1.66.
Strong volume metrics and a breakout above $1.35 suggest continued upside potential toward $1.80 and $2.00.
However, a short-term retracement to supports at $1.30 or $1.20 is possible.
Traders are advised to consider entering around $1.40 and securing profits at $1.66, $1.80, and $2.00, while maintaining a disciplined stop-loss at $1.30.
This trade offers an exciting opportunity to capitalize on the bullish momentum while safeguarding against downside risks through proper risk management.
TARGET:
Entry: $1.40
Take Profit (TP): $1.66 / $1.80 / $2.00
Stop-Loss (SL): $1.30
Disclaimer: My analysis applies proven methods to generate reliable signals. However, the crypto market's volatility and unpredictable events can impact prices. Always practice strict risk management and prepare for sudden changes to safeguard your investments and capital effectively.