$XVG Alert — Spike & Rejection ⚡
XVG
0.005697
-5.12%
$XVG just showed a sharp bullish impulse, but immediately faced rejection from the upper supply zone.
After the vertical move, price failed to hold above resistance and slipped back below a key level, signaling buyer exhaustion.
This kind of spike-and-reject structure often leads to a corrective pullback, as liquidity cools off and sellers regain control.
Trade Setup (Short / Pullback)
Entry Range: 0.00520 – 0.00532
Targets:
TP1: 0.00500
TP2: 0.00485
TP3: 0.00475
Stop Loss (SL): 0.00538
Be cautious — this is a classic correction after a strong impulse, not the start of a breakout.