$XAI quick scalp short setup fast profits 🩵
XAI just printed a massive, unsustainable vertical spike on the 1h chart, surging nearly 50% before immediately stalling at the 0.0123 resistance level. The chart clearly shows a loss of bullish momentum, with the price now rolling over and printing a red candle at 0.0115. Technically, this is a textbook blow-off top, and the structure is primed for a sharp mean reversion to the downside.
Entry Zone
0.01150 – 0.01165 (start here)
0.01200 – 0.01220 (add on bounce)
Targets
TP1: 0.01100
TP2: 0.01050
TP3: 0.01000
TP4: 0.00950
TP5: 0.00900
Stop Loss
0.01250
I wait for the exhaustion candle to confirm. Quick in and out take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Short here 👉🏻 $XAI
XAI just printed a massive, unsustainable vertical spike on the 1h chart, surging nearly 50% before immediately stalling at the 0.0123 resistance level. The chart clearly shows a loss of bullish momentum, with the price now rolling over and printing a red candle at 0.0115. Technically, this is a textbook blow-off top, and the structure is primed for a sharp mean reversion to the downside.
Entry Zone
0.01150 – 0.01165 (start here)
0.01200 – 0.01220 (add on bounce)
Targets
TP1: 0.01100
TP2: 0.01050
TP3: 0.01000
TP4: 0.00950
TP5: 0.00900
Stop Loss
0.01250
I wait for the exhaustion candle to confirm. Quick in and out take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Short here 👉🏻 $XAI
