$XCX
Market Event: Price defended local support after rejecting downside pressure below range lows.
Momentum Implication: Stabilization here can lead to a measured recovery move.
Levels:
• Entry Price (EP): 2.88 - 2.99
• Trade Target 1 (TG1): 3.08
• Trade Target 2 (TG2): 3.22
• Trade Target 3 (TG3): 3.38
• Stop Loss (SL): 2.74
Trade Decision: Long bias only works if support continues absorbing supply.