After a strong impulsive move, XAI/USDT reached a local high near 0.0159 before facing heavy rejection. The recent candles show sellers stepping in aggressively, pushing the price into a short-term pullback.
Momentum from the initial rally is starting to cool down, and the market is currently forming lower highs on the short timeframe. This kind of structure often leads to a retracement toward key support zones before the next major move.
If selling pressure continues, the price could revisit the $0.0118 – $0.0102 support region.
Traders should monitor the reaction around the entry zone and manage risk carefully.