$XVS /USDT – BEARISH STRUCTURE IN PLAY, DOWNSIDE PRESSURE LIKELY 📉
XVS faced a sharp rejection from the 4.60–4.65 resistance zone, followed by a strong bearish displacement. Price is now consolidating below key resistance, forming lower highs, which suggests sellers are still in control. Unless price reclaims the broken structure, the next move favors a bearish continuation toward lower demand.
Trade Setup (SHORT)
Entry Zone:
4.52 – 4.58 (pullback into resistance)
Aggressive entry on rejection below 4.55
Targets:
TP1: 4.42
TP2: 4.30
TP3: 4.15
Stop Loss:
Above 4.65
Bias remains bearish while price trades below 4.60 resistance. Any weak bounce into resistance is an opportunity for continuation shorts. A clean reclaim and hold above 4.65 would invalidate this bearish setup and shift momentum back to buyers.
#XVSUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #BTCVSGOLD
buy and trade here on $XVS
