$XNY โ Potential Downside Target in Focus ๐
Based on technical structure and current market sentiment, $XNY could see further downside pressure, with **$0.005** emerging as a key target zone if bearish momentum continues.
๐ The Rationale
ยท Broader Trend: Many low-cap tokens are facing sell-side pressure amid market uncertainty.
ยท Chart Structure: A break below immediate support often accelerates moves toward deeper liquidity zones. $0.005 represents a significant psychological and historical level.
ยท Risk Sentiment: When traders shift capital toward larger caps, assets like XNY often experience heightened volatility and downside drift.
๐ก Trader's Note
This is a speculative projection, not a guaranteed outcome. Always combine technical levels with volume confirmation and market context.
ยท Invalidation: A strong reclaim above recent resistance could delay or negate this downside scenario.
ยท Confirmation: Watch for increasing sell volume and failed bounces near lower time frame highs.
Markets respect liquidity. Levels like $0.005 often attract price action โ whether as a target or a reversal zone.
