$XVS /USDT – Short-term price action update
Time frame: 1H
Current price: ~$4.45
Market structure
XVS experienced a sharp impulsive move from the demand zone ~$4.05, followed by a quick expansion to $4.65–$4.70. After this spike, the price is currently consolidating and has retraced, indicating profit-taking rather than an immediate trend reversal.
The structure currently shows:
A strong upward impulsive leg
Followed by a bearish retracement/consolidation resembling a flag
The price is holding above the previous breakout zone
Key levels
Support zones
$4.40 – $4.35: Minor intraday support (current holding zone)
$4.20 – $4.15: Strong demand and impulse base (bearish invalidation if lost)
Resistance zones
$4.60 – $4.70: Local maximum/breakout zone
Above $4.70: Opens continuation to $4.95 – $5.10
Bias and scenarios
Bullish scenario (mostly if BTC is stable):
As long as the price holds above $4.30–$4.35, it looks like a healthy retracement
Recovery to $4.55–$4.60 with volume may trigger continuation
Targets: $4.70 → $4.95 → $5.10
