⚠️ $XNY Alert: The Bull Run is Fading! Bearish Reversal Confirmed? 📉
Don't get caught buying the dip too early! XNY/USDT just printed a textbook bearish reversal on the 15-minute chart.
The Logic:
Broken Trendline: The diagonal support that was holding the price has finally snapped.
Supply Rejection: Price failed to break above the red resistance zone, leading to a sharp sell-off.
Bearish Target: Look for a move down to the green demand zone around 0.00415.
Trader's Tip: Wait for a minor pullback to the broken trendline for a higher-probability entry. Patience pays!
What are your thoughts? Are you shorting this move or waiting for a bounce? Let’s talk in the comments! 👇
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