$XVS is up about 6% on the day, but the 1H chart shows a small pullback. Price is sitting at 3.64, just under the short-term moving average (3.665). The longer moving average (3.607) is still rising, so the bigger move looks intact. The last few candles are small and red, which tells me buyers are slowing down, not leaving. Support is around 3.60 and then 3.50. Resistance is 3.665, then 3.80 and the 24h high at 3.87.
Setup: LONG
Entry:
3.60 – 3.63 (pullback into the support zone near the green MA)
TP1:
3.70
TP2:
3.80
TP3:
3.87
SL:
3.54 (1H close below)
I'm watching whether price holds the 3.60 area and then reclaims 3.665. That would confirm buyers are back in control. If 1H candles close below 3.54, I'm out, because the setup is no longer valid.#Write2Earn
Setup: LONG
Entry:
3.60 – 3.63 (pullback into the support zone near the green MA)
TP1:
3.70
TP2:
3.80
TP3:
3.87
SL:
3.54 (1H close below)
I'm watching whether price holds the 3.60 area and then reclaims 3.665. That would confirm buyers are back in control. If 1H candles close below 3.54, I'm out, because the setup is no longer valid.#Write2Earn
