$XVS /USDT – Bearish Momentum in Play

Price: $7.69 (-4.00% from 24h high)

24h High: $8.01

24h Low: $7.43

24h Volume: 2.97M USDT

24h XVS Volume: 385,855.51 XVS

Momentum Analysis: XVS/USDT is showing a bearish trend with a significant drop from its 24-hour high. Current price is hovering near support levels, indicating possible consolidation or a further dip if the bearish momentum continues. This could provide a potential shorting opportunity or a bounce if support holds.

Long Setup:

Entry Zone: $7.50 - $7.60

Targets:

T1: $7.80

T2: $7.90

T3: $8.00

Stop Loss: $7.40

Breakout Confirmation Level & Key Support:

Breakout Confirmation: $7.80

Key Support: $7.43 (24h low)

Pro Tip for Traders: Watch for price action around the support zone at $7.43. A confirmed bounce could present a short-term long entry. Conversely, a breakdown below this level could trigger a deeper retracement.

Hashtags: #XVS #USDT #CryptoTrading #DeFi #BearishBreakout