$XNY – Attempted bounce into resistance after a breakdown looks weak.

Short $XNY

Entry: 0.0056 – 0.0058

Stop Loss: 0.0062

Take Profit 1: 0.0050

Take Profit 2: 0.0042

Take Profit 3: 0.0035

The upward move fizzled quickly, and selling pressure appeared on the first retest, indicating this is likely a corrective bounce rather than a trend reversal. Momentum is turning down again, and buyers can’t hold above this area, keeping the downside open.

Trade $XNY here 👇

XNY

Alpha

0.005467

+11.98%