$XNY
XNYUSDT
Perp
0.007191
+11.45%
USDT is showing strong bullish structure after bouncing from the 0.0042 area and steadily printing higher highs and higher lows. Price is now trading near 0.0061, close to recent highs, which shows buyers are still in control.
The upper band is being tested, and momentum indicators are heating up. This is where psychology becomes powerful. Some traders see “overbought” and get scared, while confident bulls see strength and continuation potential.
If price holds above the 0.0059–0.0060 zone, another push toward 0.0064 and possibly higher can happen. A clean break above recent highs could attract even more momentum traders.
Strong trends don’t end quietly. They usually continue while most people are still waiting for a pullback.