$XNY USDT displays a powerful parabolic markup on the 1-hour chart, staging an aggressive expansion from its 0.005685 base. The asset is currently trading at 0.007176, up +25.92% over the last 24 hours, while holding firmly above the steepening EMA(7) and EMA(25) clusters.
Bias: LONG
Entry: 0.006750 – 0.007050
Stop-Loss: 0.006450
TP1: 0.007192
TP2: 0.007850
TP3: 0.008500
The current impulse leg remains dominant as price action clears the 0.007192 local peak with significant volume support. This vertical move demonstrates high buyer conviction, with the EMA(7) at 0.006753 providing immediate dynamic support for continuation plays.A shallow consolidation above the prior 0.006500 breakout zone indicates a lack of aggressive distribution and strong absorption of sell orders. A decisive hold above 0.007200 confirms the next phase of price discovery. Structure invalidation occurs if the market breaks and closes below the EMA(25) at 0.006468, shifting the short-term outlook to neutral.
Risk is strictly defined below the intermediate moving average; the bullish thesis is prioritized as long as the market preserves its higher-low sequence.
#XNY #Binance #CryptoSignals $SPACE