$XVS /USDT ๐จ High-Probability Short Setup โ Act Fast! ๐๐ฅ
Current Price: $8.67
Trade Type: Bearish (Short Setup)
Key Levels:
Resistance: $9.00
Support: $8.20
Entry Zone:
Optimal Entry: $8.60 - $8.80
Stop Loss: $9.10
Targets (TP):
TP1: $8.40
TP2: $8.20
TP3: $7.80
Market Context:
Momentum: Bearish pressure increasing as price faces resistance.
Indicators: RSI showing downward movement; MACD signaling continuation of bearish trend.
Trade Plan:
1. Entry: Enter short between $8.60 and $8.80.
2. Stop Loss: Place at $9.10 to manage risk.
3. Targets: Take profits incrementally at TP1 $8.40, TP2 $8.20, and TP3 $7.80.
4. Risk Management: Adjust stop loss to breakeven after hitting TP1.
Pro Tip: A breakdown below $8.20 could accelerate bearish momentum. Watch for volume spikes for confirmation! ๐
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