🚨 $XVG /USDT ALERT – SHARP DECLINE IN PROGRESS! 🚨
Verge (XVG) is currently trading at $0.005976, down 9.59% in the last 4 hours after failing to sustain the recent surge to $0.008631. Selling pressure is mounting, pushing the price closer to key support zones.
💡 Critical Levels to Watch:
1. Immediate Support: $0.00580 – Holding this level is essential to prevent further declines.
2. Resistance: $0.00650 – Bulls need to regain this level to signal recovery.
3. Major Support: $0.00550 – A breach could lead to a test of $0.00500.
📉 Bearish Scenario: A failure to hold $0.00580 could accelerate the downward momentum, potentially triggering panic selling.
🚀 Bullish Scenario: If XVG can reclaim $0.00650, it may spark renewed buying interest, targeting $0.00700 in the short term.
Pro Tip: Watch for volume spikes near $0.00580 as a sign of either capitulation or a reversal attempt.