📈 *$XVS
* Strong bullish momentum 🚀
$XVS shows strong bullish momentum after breaking the resistance area of 4.50, with a strong bounce from the support area of 4.00 and increasing momentum. As long as the price remains above the breakout area, the bullish trend is expected to continue towards higher resistance levels.
_Trade Setup_:
- _Entry Point for Buying_: 4.45 – 4.65 USD
- _Bullish Targets_:
- _Target 1_: 4.85 USD
- _Target 2_: 5.10 USD
- _Target 3_: 5.45 USD
- _Stop Loss_: 4.20 USD
*Currency Project*: $XVS is a blockchain project aimed at providing innovative solutions in the decentralized finance (DeFi) space through the Venus platform, which offers lending, borrowing, and trading services. The project focuses on providing a safe and transparent environment for users.
*Alert*: Risk management is essential, it is advisable to determine the position size appropriately and adjust the stop loss according to market developments. When using leverage, be cautious and readjust the position size to avoid excessive risks. 🚨📊
*Tip*: Monitor the market closely and adjust your strategy according to the movements. Use leverage wisely and ensure you understand the associated risks. 📈💡
