The Dead Altcoin Bounce That Will Liquidate Shorts
Entry: 0.02200 š©
Target: 0.02500 šÆ
Stop Loss: 0.01900 š
$XAN has been a systematic massacre since 0.06, but extended sell pressure and deviation wicks scream for a temporary release. We are oversold and sitting right on the 0.020 floor. This is the classic dead cat bounce setup. Get in before the relief rally hits 0.025. Do not mistake this for a reversal; the higher time frame structure remains profoundly bearish, meaning any move toward 0.028 is a short opportunity. $BTC volatility is keeping alts suppressed. Know your exit.
This is not financial advice. Trade at your own risk.
#Altcoin #CryptoTrading #XAN #Binance #ReliefRally š
XAN
Alpha
0.016264
-8.07%
BTCUSDT
Perp
89,743.1
-0.51%