$XVS /USDT – Short-Term Price Action Update

Timeframe: 1H

Current Price: ~$4.45

Market Structure

XVS saw a sharp impulsive move from the ~$4.05 demand zone, followed by a quick expansion toward $4.65–$4.70. After that spike, price is now consolidating and pulling back, indicating profit-taking rather than immediate trend reversal.

The structure currently shows:

Strong impulse leg up

Followed by a bearish retracement / flag-like consolidation

Price holding above prior breakout zone

Key Levels

Support Zones

$4.40 – $4.35: Minor intraday support (current holding area)

$4.20 – $4.15: Strong demand & base of impulse (bullish invalidation if lost)

Resistance Zones

$4.60 – $4.70: Local high / rejection zone

Above $4.70: Opens continuation toward $4.95 – $5.10

Bias & Scenarios

Bullish Scenario (Preferred if BTC stable):

As long as price holds above $4.30–$4.35, this looks like a healthy pullback

A reclaim of $4.55–$4.60 with volume can trigger continuation

Targets: $4.70 → $4.95 → $5.10

Bearish Scenario (If weakness continues):

Loss of $4.30 could lead to deeper retrace

Next supports: $4.20 → $4.05

Breakdown below $4.05 invalidates bullish structure

Summary

Trend: Short-term bullish, cooling off

Current move: Pullback after impulse

Key to watch: $4.30 support & $4.60 resistance

Expect range behavior before next expansion

If you want, I can map this into a clean trade setup (entries, SL, targets) following your usual posting format.