$XNY / USDT – REJECTION AT RESISTANCE! SHORT SETUP ACTIVE 🔥⚠️
$XNY made an aggressive push toward the $0.00650 zone… but bulls are losing steam. 🚨
On the 1H chart, momentum is weakening and price is showing clear rejection from the $0.00640 – $0.00650 resistance area.
Now the big question:
Is this just a cooldown… or the start of a deeper retracement? 👀
📊 Trade Plan (Short Bias)
🔴 Entry: $0.00600 – $0.00615
🛑 Stop Loss: $0.00655
🎯 Targets:
→ TP1: $0.00570
→ TP2: $0.00530
→ TP3: $0.00495
📉 Why This Setup?
• Strong push into resistance
• Rejection signals forming on 1H
• Weakening bullish momentum
• Failure to hold above $0.00600 opens room toward $0.00530 consolidation zone
If price breaks and closes above $0.00655, the short thesis is invalidated and continuation becomes likely. Until then, pressure favors the downside.
⚡ Resistance holding
⚡ Momentum fading
⚡ Pullback probability rising
🔥 Buy and Trade $XNY — manage risk and stay sharp!
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