They're calling it a trap, but XNY's 15m RSI is screaming oversold at 32.

$XNY

XNYBSC
XNYUSDT
0.005917
-21.53%

/USDT - LONG

Trade Plan:

Entry: 0.00672 – 0.006876

SL: 0.006333

TP1: 0.007263

TP2: 0.007418

TP3: 0.007728

Why this setup?

4H setup is LONG. Price is in the entry zone (0.00672-0.006876) with a daily range trend. Key levels: TP1 at 0.007263, SL at 0.006333. The 1H ATR is tight (0.00031), suggesting a coiled move.

Debate:

Is this the calm before the breakout, or just more range-bound noise?

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