XAN Base Breakout: Bullish Structure Signals Upside Continuation
Trade Direction: Long $XAN
Entry Zone: 0.0092 – 0.0094
Stop-Loss: 0.00805
Take-Profit Targets:
TP1: 0.0120
TP2: 0.0157
TP3: 0.0194
Trade Rationale:
XAN has completed an extended accumulation phase on the 4H timeframe and has now delivered a confirmed breakout above the 0.0090–0.0092 resistance band. This former supply zone has successfully flipped into support, marking a clear structural shift in favor of buyers.
Price action is consolidating above the reclaimed level, indicating real demand absorption rather than a short-lived volatility spike. Such clean base breakouts, especially following compressed supply during consolidation, often precede strong continuation moves.
As long as the 0.00805 level remains intact as invalidation, the technical structure supports further upside expansion toward the outlined targets.
Start the trade here 👇
