Trading Signal Alert for $XNO /USDT
Price Overview:
XNO/USDT has shown significant upward momentum, reaching a 24-hour high of $1.689 before retracing slightly to its current price of $1.518. The chart indicates a bullish trend, with buyers stepping in after a brief consolidation period near $1.327. The RSI of 54.861 suggests neutral territory, leaving room for further upward movement if momentum persists.
Key Levels:
Resistance: $1.689 (recent high), $1.716 (next target zone)
Support: $1.428 (24-hour low), $1.327 (major support zone)
Trading Plan:
Entry Price: $1.50-$1.52 (on a slight pullback)
Take-Profit Targets:
1. $1.65
2. $1.72
3. $1.85
Stop Loss: $1.42 (below critical support level)
Caution: Traders should watch for breakout signals above $1.69 and monitor the RSI for overbought conditions near resistance zones. A strong rejection at resistance could lead to consolidation or a pullback. Trade with proper risk management.
