#XEC Update
$XEC has broken down from the falling wedge on the daily chart — and it’s not showing any signs of recovery yet.
Momentum looks weak, and the structure is clearly broken. This opens the door for more downside.
If we get a small bounce or a lower high, that could be a great short entry. No need to chase — just wait for the setup to come to you.
Bias stays bearish unless $XEC reclaims the broken structure.
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