📉 $XNY — Observing Short-Term Weakness

$XNY recently showed pressure near the 0.00506 – 0.00526 zone, offering a good example to study resistance, support, and momentum shifts on lower timeframes.

Key Chart Zones (For Learning):

Observation / Resistance Zone: 0.00506 – 0.00526

Support / Reaction Levels: 0.00492 → 0.00468 → 0.00442

Invalidation / Structure Shift Level: 0.005424

Technical Takeaways:

Price approaching resistance often shows early signs of rejection

Monitoring short-term candles around these levels can reveal momentum loss or continuation

Sequential support levels demonstrate how markets can react during pullbacks

Chart analysis can help understand risk and structure without involving leverage

This $XNY example is useful for studying short-term price behavior, reaction zones, and momentum patterns in a structured way.

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