$XVG UPDATE
XVG has broken out of a descending triangle pattern on the 1H timeframe, signaling a shift in market sentiment from bearish to bullish. The breakout occurred with a clean move above the descending trendline, confirming the pattern and suggesting growing buying pressure. Price held strong above the key horizontal support zone (0.00645–0.00665), which served as the base of the triangle and an area of strong accumulation.
With the breakout confirmed, XVG may now target the next resistance zone around 0.0088 , aligning with the measured move projection of the triangle pattern. As long as price holds above the breakout level and doesn't re-enter the triangle, momentum remains bullish. A short-term retest of the breakout zone could offer an optimal entry before the next leg up.
