I’m keeping a close eye on $XNY right now.
The move up is starting to look tired, and price is approaching a zone where sellers usually step in.
If we see clear rejection around 0.0054 – 0.0056, I’ll be looking for a short setup. No rush — confirmation first.
Short plan:
• Stop-loss: 0.00608
Targets:
🎯 0.00530
🎯 0.00505
🎯 0.00475
This looks more like a distribution area than a continuation. Risk will be controlled, emotions off.
Short here $XNY
XNYUSDT
Perp
0.004614
-2.76%