$XNY Market Structure
1H sharp V-shaped recovery after prior downtrend
Price aggressively reclaiming short-term EMAs and testing EMA 200
MACD bullish crossover with expanding histogram
RSI extremely overbought signaling short-term exhaustion risk
4H Likely reversal structure
Trend transitioning from bearish toward neutral or early bullish phase
Holding above 0.005500 strengthens recovery structure
Break below 0.005330 weakens reversal attempt
High and Bottom
Major High: 0.007937
Recent Bottom: 0.004797
Support and Resistance
Immediate Resistance: 0.006022
Secondary Resistance: 0.006712
Major Resistance: 0.007937
Immediate Support: 0.005520 – 0.005630
Secondary Support: 0.005450
Major Support: 0.005330
Invalidation Level: 0.005330
Breakout Entry
Condition: 1H close above 0.006030
Entry Zone: 0.006030+
Take Profit
TP1: 0.006712
TP2: 0.007200
Stop Loss: 0.005330
Pullback Entry
Condition: Bullish reaction at 0.005520 – 0.005630
Entry Zone: 0.005520 – 0.005630
Take Profit
TP1: 0.006020
TP2: 0.006712
Stop Loss: 0.005330
