$XNO has shown a minor +0.70% gain but is now facing strong resistance near the 24-hour high of 0.732 and above its key moving averages. The price is showing signs of stalling at this level with declining volume, indicating potential buyer exhaustion. This suggests a high probability of a pullback to retest lower support levels before any further upward movement.

Entry Zone: 0.730 - 0.735

TP1: 0.715

TP2: 0.705

TP3: 0.695

Stop Loss: 0.740

Risk Management: Use minimal risk (1-1.5% of capital) for this counter-trend trade. Secure profits by moving stop loss to entry once TP1 is reached to lock in gains.

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XNO
XNO
0.701
-0.70%