$XNO

/ Analysis: Potential Moves and Trade Setups!💯🔥

Current Overview:

$XNO /USDT is trading at $1.444, with a strong 17.88% gain in the last 24 hours. The chart highlights choppy movement during the day with clear breakouts and bounces. Rejection near the $1.55 resistance level signals profit taking, but the uptrend remains intact.

Key Levels to Watch:

• Resistance: $1.55 (recent high), $1.60 (next key area).

• Support: $1.40 (recent demand area), $1.35 (next pullback level).

Trading Strategy:

1. Long Entry: Enter near $1.40-1.42, with a target of $1.50-1.55, with a stop loss of $1.38 to manage risk.

2. Short Entry: Look for rejection at $1.55, with a target of $1.42, with a tight stop loss of $1.57.

Market Prediction:

Price may consolidate above $1.40 to regain strength for another round higher. A clean break above $1.55 could open the doors towards $1.60+, while failure to hold at $1.40 could lead to a pullback towards $1.35.

Pro Tip: Lock in partial profits near resistance levels, and trail your stop loss for risk-free gains. Stay vigilant as volumes remain strong, indicating increased volatility ahead