🚀 $XNO Breakout or Retracement?
🔹 Bullish Setup:
📈 Entry: $1.09 - $1.10 (Buy on dips)
🎯 TP1: $1.12
🎯 TP2: $1.15
🛑 SL: $1.07
✅ Confirmation: Holding above $1.09 with increasing volume
🔻 Bearish Setup:
📉 Entry: $1.10 - $1.11 (Short if rejection confirmed)
🎯 TP1: $1.08
🎯 TP2: $1.06
🛑 SL: $1.12
✅ Confirmation: Rejection near $1.11 with declining momentum
📌 Key Insights:
$XNO is up +1.11%, but retracing from the $1.13 high.
RSI 31.21, approaching oversold territory, suggesting a possible bounce.
MACD showing weakening momentum, indicating potential further retracement.
📊 Trading Plan:
Look for a volume spike to confirm breakout or rejection.
Move SL to breakeven if TP1 is hit.
If shorting, wait for clear rejection before entry.
📢 Your Turn!
Will $XNO continue its uptrend or pull back further? Share your thoughts! 🚀📉🔄
DYOR 📌
🔹 Bullish Setup:
📈 Entry: $1.09 - $1.10 (Buy on dips)
🎯 TP1: $1.12
🎯 TP2: $1.15
🛑 SL: $1.07
✅ Confirmation: Holding above $1.09 with increasing volume
🔻 Bearish Setup:
📉 Entry: $1.10 - $1.11 (Short if rejection confirmed)
🎯 TP1: $1.08
🎯 TP2: $1.06
🛑 SL: $1.12
✅ Confirmation: Rejection near $1.11 with declining momentum
📌 Key Insights:
$XNO is up +1.11%, but retracing from the $1.13 high.
RSI 31.21, approaching oversold territory, suggesting a possible bounce.
MACD showing weakening momentum, indicating potential further retracement.
📊 Trading Plan:
Look for a volume spike to confirm breakout or rejection.
Move SL to breakeven if TP1 is hit.
If shorting, wait for clear rejection before entry.
📢 Your Turn!
Will $XNO continue its uptrend or pull back further? Share your thoughts! 🚀📉🔄
DYOR 📌