$XAN is up 42%… but is the next move worth chasing?
$XAN has already made a big move, then pulled back hard from its high. Right now, I'm more interested in whether buyers can reclaim $0.0112 than in buying just because the chart is green.
My plan: wait for a 15m close above $0.0112 and a successful retest before considering a long. If it fails, no trade.
A loss of $0.0104 would weaken the recovery idea.
Would you wait for confirmation—or is this pump already too extended?
$XAN has already made a big move, then pulled back hard from its high. Right now, I'm more interested in whether buyers can reclaim $0.0112 than in buying just because the chart is green.
My plan: wait for a 15m close above $0.0112 and a successful retest before considering a long. If it fails, no trade.
A loss of $0.0104 would weaken the recovery idea.
Would you wait for confirmation—or is this pump already too extended?
