$XCN/USDT – Breakout Fading, Caution Advised!

Current Price: $0.02024 (+18.99%)

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$XCN had a strong pump but is now trading below MA(7) and MA(25), showing early signs of exhaustion. The price failed to hold above the key resistance near $0.0215 and is retreating with decreasing volume.

Short Setup (High Risk – Aggressive Traders):

Entry Zone: $0.02020 – $0.02060

TP1: $0.01950

TP2: $0.01850

TP3: $0.01780

SL: $0.02180

Key Observations:

Price rejected from 24h high near $0.0225

MA(7) crossing below MA(25) = potential reversal

High volume but no follow-through above resistance

Pro Tip: Watch the 1H candle close. If it stays under MA(25), the short setup gets stronger.

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