$XVS /USDT: A Breakout in the Making – Precise Targets for Maximum Gains

$XVS /USDT, currently trading at 11.37, is showing strong bullish momentum on the 15-minute chart, fueled by an RSI of 85.74, indicating overbought conditions. The price surge suggests a potential breakout above the key resistance level of 11.50, creating an opportunity for traders to capture quick profits with minimal risk.

For a long position, consider entering at 11.40 if the upward trend continues and the price surpasses 11.50. Set profit targets at 11.50 (TP1), 11.65 (TP2), and 11.80 (TP3), with a stop-loss at 11.20 to protect against reversals. Conversely, for a short position, enter at 11.20 if the price shows signs of rejection at resistance. Profit targets for the short setup are 11.05 (TP1), 10.90 (TP2), and 10.75 (TP3), with a stop-loss at 11.40.

The MACD confirms upward momentum, while the RSI suggests caution due to overbought signals. This setup offers a well-balanced approach with tight targets, allowing traders to capitalize on both potential breakouts and retracements. Stay vigilant and follow the trend for maximum profitability while managing risks effectively.

#BinanceListsVelodrome #BinanceLaunchpoolVANA #CryptoUsersHit18M