$XVS

/USDT Technical Analysis & Trade Signal

Current Price: $10.02

Trend: Bearish in the short term (down by 0.50%)

Support: Around $8.83 (24h low)

Resistance: Near $10.35 (24h high)

Trade Momentum:

The price is near the lower boundary, which suggests a potential buying opportunity if it holds above support ($8.83).

A break above $10.35 could signal bullish momentum towards higher levels, while a drop below $8.83 may indicate a further downside.

Target Levels 🎯:

1. Target 1 (Short-term): $9.75

Expected level if the price consolidates between $8.83 and $10.35.

2. Target 2 (Medium-term): $10.50

This is the key resistance if bullish momentum gains steam after breaking past $10.35.

3. Target 3 (Long-term): $11.00

A break above $10.50 could lead to further gains towards $11.00, confirming sustained bullishness.

Trade Signal:

Buy: If the price rebounds above $9.00 and holds support near $8.83.

Sell: If the price breaks below $8.83 and shows weak momentum.

Watch for breakout: Above $10.35 for a bullish momentum continuation.

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