I have been observing the chart for a while. XAI is currently trading around 0.00791 on the 15m timeframe. It has tested the 0.00800 resistance several times but has not yet been able to close strongly above it. It is showing some pressure in the short term as it is below the MA(25) and Supertrend.

However, the good news is that buyers are repeatedly holding support in the 0.00785–0.00780 zone. The RSI is around 50, meaning that there is no strong momentum in either direction yet. So, the best decision at this point may be to be patient and wait for confirmation.

✅ Entry Zone: 0.00785 – 0.00790

🎯 Target 1: 0.00800

🎯 Target 2: 0.00815

🎯 Target 3: 0.00830

🛑 Stop Loss: 0.00775

I personally think that if there is a breakout with good volume above 0.00800, the upside movement can be stronger. And if it drops below 0.00780, it would be better to observe the setup again.

Always trade according to your own risk management. This is my chart observation, not financial advice.#XAL $XAUT

XAUT

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