$XVS USDT is in capitulation-style sell pressure — not a normal pullback, this is trend breakdown.
Timeframe
4H
Market Structure
• Massive breakdown from range → expansion move down
• No higher highs, no base forming
• Strong bearish imbalance candles = sellers in full control
Trade Direction
Short on pullbacks (not at the bottom)
Entry Zone (rejection area)
3.45 – 3.60
Targets
TP1: 3.05
TP2: 2.80
TP3: 2.55
Stop Loss
Above 3.85
Why This Works
The chart shows a distribution phase, then a vertical selloff (liquidity sweep + breakdown). After such moves, price usually makes weak relief bounces into supply before continuing lower. The zone around 3.5–3.6 is the last breakdown structure and likely to act as resistance.
Important Note
Do not short after large red candles at lows — wait for bounce into resistance. Chasing here = high risk of squeeze.
Overall Bias: Bearish until structure reclaims 4.20+
