$XVS 📉 Technical Analysis
The chart shows XVS has been in a long-term downtrend (down -62% over the last year), but it is currently trying to build a base. The recent price action suggests a "sideways" consolidation phase.
1. Resistance Levels (The "Ceiling") 🧱
Primary Resistance ($3.12): This is where the MA(25) (pink line) sits. The price has touched this line multiple times recently and got rejected. A close above this would be a very bullish signal. 📈
Secondary Resistance ($3.79): If it breaks $3.12, the next major hurdle is this historical price shelf.
2. Support Levels (The "Floor") 🛡️
Immediate Support ($2.75): This is the recent 24h low and a zone where buyers are currently stepping in. 🛒
Major Support ($2.49): The absolute bottom on this chart. If XVS falls below this, it could enter "price discovery" to the downside. 📉
3. Moving Averages 🎢
MA(7) at $2.98: The price is hovering right around this yellow line. Staying above it is key for maintaining short-term momentum.
MA(99) at $4.28: This purple line represents the long-term trend. Until the price crosses this, we are technically still in a "bear market" for $XVS
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