๐ Market Context: $XVS is facing strong resistance around $8.30 - $8.50, showing rejection signals. Bearish momentum is increasing, with sellers stepping in at key resistance levels. A break below $8.00 could accelerate downside pressure toward lower targets.
๐ก Pro Tip: Wait for a confirmed break below $8.00 before entering. A retest and rejection will strengthen the short setup!
โ ๏ธ Risk Management: Use proper position sizing & follow stop-loss discipline!