🔻 $XVG Short Setup: Exhaustion at $0.00500! 📉
Bearish Analysis:📣💸$XVG 👈✅
1️⃣Resistance: Exhaustion signs near $0.00500
2️⃣Pattern: Lower highs with rejection candles.
3️⃣Chart: 30m showing bearish structure.
4️⃣Volume: Dropping as momentum fades.
Technical Breakdown: 📉 Failure: Weak attempt to reclaim highs 🚨 Signal: Rejection candles at resistance ⚡ Structure: Bearish lean as buyers fail 💔 Breakout: Failed to hold above key levels.
Short Trade Setup (Futures): 🔴 Entry Zone: $0.00500-$0.00510 🛑 Stop Loss: $0.00523 (+2.6%) 🎯 Targets:✅
• TP1: $0.00485 (-3.0%)
• TP2: $0.00470 (-6.0%)
• TP3: $0.00455 (-9.0%)
Entry Trigger: Candle rejection at resistance with volume confirmation.
Risk Management:🚨
1) Risk/Reward: 1:3.5 ratio.☀️
2) Lock partials at TP1.✨
3) Trail SL below breakeven after TP1.⚡
4) Tight risk management essential.🌙
Market Psychology: Failed breakouts often lead to sharp reversals as trapped bulls exit positions.
Exhaustion confirmed - bears taking control!
#NODEBinanceTGE #USCorePCEMay #BTC110KToday? #BinanceAlphaAlert #Write2Earn $XVG 👈 Buy and trade now 💰