$XAN 1H 📊

Bias: SHORT ⚠️, but this is a high-risk setup because XAN has already dumped 37.75% in 24H.

Price is around 0.01211, far below the 1H Supertrend at 0.014108. The chart shows a massive breakdown from 0.021997 followed by continuous lower highs and a fresh low at 0.011414.

Preferred SHORT setup

• Entry: 0.0128–0.0133 on a weak bounce/rejection
• SL: 0.01415
• TP1: 0.01170
• TP2: 0.01142
• TP3: 0.01090

Key levels

🔴 0.01410 → Supertrend / major resistance
🔴 0.01320–0.01350 → first important recovery zone
🟡 0.01280 → potential short retest
🟢 0.01141 → current major support/low
🟢 0.01090 → next downside area

I would NOT chase a short at 0.0121. After such a violent liquidation, a sharp relief bounce can happen even while the overall trend remains bearish.

The biggest warning is the empty order book shown in your screenshot. That means liquidity appears extremely thin at that moment, so slippage and sudden wicks can be brutal.

Best setup: let XAN bounce toward 0.0128–0.0133, then look for rejection. If it breaks and holds above 0.0141, the short thesis is invalidated.

Not financial advice; leverage makes this particularly risky.

#xan