$XVG / USDT – Bullish Momentum Building, Testing Key Resistance♾️
$XVG is currently trading at $0.006501, showing a positive trend and approaching the 24-hour high of $0.006623. The price action suggests increasing buying pressure and a potential breakout attempt.
Trade Setup (Watching for Breakout):
Potential Support Zone: $0.006400 - $0.006450
Key Resistance: $0.006600 - $0.006650
Bullish Scenario:
Entry (Long): Break above $0.006650 with significant volume
Target 1: $0.006750
Target 2: $0.006850+
Stop Loss (Long): Below $0.006350
Bearish Scenario:
Entry (Short): Rejection at $0.006650 with increasing selling volume, break below $0.006400
Target 1: $0.006300
Target 2: $0.006200
Stop Loss (Short): Above $0.006700
XVG/USDT is showing promising bullish momentum. Keep a close eye on the $0.006600 - $0.006650 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.
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