$XAUT is not a safe haven trade right now.
It’s a crowded momentum chase. At $4,090.20, it’s up 1.55% with $71.71M volume, RSI at 70, and volume running 2.5x its 20d average. Strong, sure, but that’s also exit liquidity if $BTC rolls over. 👀
I’d wait.
Funding is positive, so longs are paying up. If XAUT holds $4,000, I get interested. Above $4,090, I’m not chasing. 🔥 Would you enter here or wait for a retest? 🤔
#XAUT #Web3 #Crypto
It’s a crowded momentum chase. At $4,090.20, it’s up 1.55% with $71.71M volume, RSI at 70, and volume running 2.5x its 20d average. Strong, sure, but that’s also exit liquidity if $BTC rolls over. 👀
I’d wait.
Funding is positive, so longs are paying up. If XAUT holds $4,000, I get interested. Above $4,090, I’m not chasing. 🔥 Would you enter here or wait for a retest? 🤔
#XAUT #Web3 #Crypto