$XVG 🔥💯🚀/USDT Trade Setup – Binance Analysis
💹 Price: $0.004485 (▼ -3.40%)
📊 Market Type: PoW | Volatility: High | Trend: Weakening
📈 Trade Outlook: Bearish Bias
Current price action shows weakening momentum near the lower Bollinger Band with increasing volume, suggesting possible further downside unless key support holds.
🔑 Key Levels:
Resistance: $0.004675
Support: $0.004321
Major Breakout Zone: $0.004750+
📥 Entry Zone:
➡️ Entry: $0.00442 - $0.00448 (on bearish rejection of support zone retest)
🎯 Targets:
🎯 Target 1: $0.00430
🎯 Target 2: $0.00415
🎯 Target 3: $0.00398
🛑 Stop Loss:
❌ SL: $0.00468 (above last swing high)
📌 Notes:
Price is below EMA and Bollinger mid-line – reinforcing downside pressure.
Watch for rejection candles or low-volume up moves as short confirmation.
Tighten stop loss once Target 1 is reached.
📉 Bearish Setup – Trade with risk management and discipline.