Spot Journal $XNO (Stealth Box Floor-Test & Reclaim): 2-Tranche Plan 1D
Price $XNO is moving at $0.3668 after confirming the floor support floor-test.
Price has completed the floor-test sweep (Spring/Double-Bottom) with sell volume drying up, followed by a green Reclaim candle (0.43x average) that confirms supply absorption at the base of the box.
2-Tranche Execution Plan:
• Tranche 1 (Floor-Test & Reclaim): Area $0.3518 - $0.3668
• Tranche 2 (Scale-In Confirmation): Second floor test at $0.3518 OR breakout above the consolidation ceiling at $0.3900
Risk limit is set at the close of the 1D candle below $0.3412. The main structural target is at the 30-day peak ($0.5200, RRR 8.9:1) to liquidate half the position into USDT, while the remaining coins are left to run toward $0.7186.
$XNO #BinanceSquareCreator #BinanceSquare #CryptoMarket #AlphaGems
Note: Independent spot technical research and risk management journal (DYOR).
Price $XNO is moving at $0.3668 after confirming the floor support floor-test.
Price has completed the floor-test sweep (Spring/Double-Bottom) with sell volume drying up, followed by a green Reclaim candle (0.43x average) that confirms supply absorption at the base of the box.
2-Tranche Execution Plan:
• Tranche 1 (Floor-Test & Reclaim): Area $0.3518 - $0.3668
• Tranche 2 (Scale-In Confirmation): Second floor test at $0.3518 OR breakout above the consolidation ceiling at $0.3900
Risk limit is set at the close of the 1D candle below $0.3412. The main structural target is at the 30-day peak ($0.5200, RRR 8.9:1) to liquidate half the position into USDT, while the remaining coins are left to run toward $0.7186.
$XNO #BinanceSquareCreator #BinanceSquare #CryptoMarket #AlphaGems
Note: Independent spot technical research and risk management journal (DYOR).