📉 XNO BREAKDOWN ALERT – IS $0.950 THE NEXT STOP OR A BOUNCE POINT? 🚨

$XNO has dropped -3.57% in the last 4H session, currently trading at $0.973 after a clean rejection from the $1.083 peak.

Price action shows a strong downtrend as candles fall below MA(7) and MA(25), now testing the MA(99) support.

If this support breaks, we could see a flush toward the $0.950 zone.

However, if $XNO holds this level, a technical bounce is likely — making this a crucial decision point for traders.

📊 Trading Signal & Plan (Dual Scenario Setup)

🔵 Scenario 1: Bounce Play

• Entry: $0.970 – $0.980

• Take Profit 1: $1.002

• Take Profit 2: $1.030

• Stop Loss: $0.950

🔴 Scenario 2: Breakdown Play

• Entry: $0.960 – $0.970 (after candle close below MA99)

• Take Profit 1: $0.943

• Take Profit 2: $0.920

• Stop Loss: $0.987

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