$XVS Rejection from Spike High ๐Ÿ“‰

Market Overview: $XVS has seen a strong rejection after spiking to higher levels. Sellers are stepping in, and weโ€™re likely to see further pullback unless bulls regain control. Watch out for volatility as price continues to test key levels.

๐Ÿ”‘ Key Support & Resistance:

Support: 3.36, 3.22, 3.08

Resistance: 3.74 (Key level to watch for breakout)

๐Ÿ“Š Pro Tips for Traders:

Short-Term (MD): With rejection from the spike high, a retest of the support zones around 3.36โ€“3.22 is possible. Consider entering on a bounce or break below for short positions.

Long-Term (LT): If $XVS breaks above resistance (3.74), a bullish rally could follow. Watch for trend reversal signs if price holds above key support levels.

๐Ÿ’ก Trade Targets:

Entry: 3.48โ€“3.62

TP1: 3.36

TP2: 3.22

TP3: 3.08

SL: 3.74

Stay alert and manage risk well. Don't chase green candles โ€“ always wait for clear entry points! ๐Ÿ‘€

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