BEARISH CONTINUATION SETUP
$XVS is showing strong bearish pressure after a sharp sell-off, indicating loss of bullish structure. Price has broken below key support zones and is trading under major moving averages, confirming sellers’ dominance. Any minor pullback is likely to act as a retest before further downside. Momentum indicators suggest continuation of the bearish trend unless a strong reclaim of resistance occurs.
SHORT ENTRY ZONE: Below broken support area
TP 1: 3.01
TP 2: 2.85
TP 3: 2.60
STOP LOSS: Above 3.49 resistance
#XVSUSDT #BearishTrend #CryptoTechnicalAnalysis #SupportResistance

XVSUSDT
Perp
3.466
+3.67%