#通证化浪潮 XAN current price is 0.04634. From a technical perspective, this rebound is likely coming to an end. The 4-hour Candlestick shows a long upper shadow, and VPVR data indicates that there is significant sell pressure accumulated in the range of 0.048-0.052.
Looking up, 0.047-0.048 forms a strong short-term resistance zone, and any upward movement may be the last opportunity to lure in buyers. Looking down? 0.040 is a psychological level, and if it breaks below here, the next stop may head straight for 0.035. From an operational perspective, the range of 0.046-0.047 can be considered for positioning a short position. If the price rebounds to 0.048-0.050, that would be a signal to add to the position. Setting the stop loss above 0.052 is relatively safe, and the target is around 0.041-0.042. The current strategy is very clear - shorting on rallies. Once this trend starts, the speed of the decline will exceed expectations.
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#通证化浪潮 XAN current price is 0.04634. From a technical perspective, this rebound is likely coming to an end. The 4-hour Candlestick shows a long upper shadow, and VPVR data indicates that there is significant sell pressure accumulated in the range of 0.048-0.052.
Looking up, 0.047-0.048 forms a strong short-term resistance zone, and any upward movement may be the last opportunity to lure in buyers. Looking down? 0.040 is a psychological level, and if it breaks below here, the next stop may head straight for 0.035.
From an operational perspective, the range of 0.046-0.047 can be considered for positioning a short position. If the price rebounds to 0.048-0.050, that would be a signal to add to the position. Setting the stop loss above 0.052 is relatively safe, and the target is around 0.041-0.042.
The current strategy is very clear - shorting on rallies. Once this trend starts, the speed of the decline will exceed expectations.