🔷 XNO/USDT - Nano to USDT
🟩 Long / Short?
• Long: The market sentiment is currently 53.8% Long, which favors a long position. The coin has shown a significant +13.38% increase in the last 24 hours, indicating bullish momentum.
♻️ Leverage?
• Recommended Leverage: 3x to 5x, based on recent volatility and momentum.
👉 Entry?
• Ideal Entry: Around $1.42. This entry point is close to the support zone, providing a favorable risk-to-reward ratio.
Target 🎯
• Target 1: $1.45 (resistance near the 24h high)
• Target 2: $1.48 (strong resistance around the upper level)
• Target 3: $1.50 (a round psychological level)
💥 Stop-Loss (SL)? ⛔
• Stop-Loss: $1.37. This level provides a safe exit in case of unexpected market pullback, minimizing losses.
Market Analysis:
• Current Price: $1.42
• 24h Change: +13.38%
• 24h High: $1.546, 24h Low: $1.242
• Volume: 3,746,038.74 USDT, indicating strong trading activity and liquidity.
• Market Sentiment: 53.8% Long, with a slight preference for long positions.
Bitcoin’s Influence: Bitcoin is showing minor positive movement (+0.43%), and this generally supports bullish moves in altcoins like XNO.