$XAUT remains under bearish pressure, with price reacting around the $4077 support after a failed attempt to maintain higher levels. The recent long liquidation at $4077 indicates leveraged buyers were forced out near this zone. A clean breakdown below $4065 could expose fresh downside liquidity, while only a strong reclaim above $4120 would begin to weaken the bearish setup.
Trade Setup
Entry: $4065–$4085
Target 1: $4025
Target 2: $3990
Target 3: $3940
Stop Loss: $4120
How it's possible
The structure favors sellers while price remains below the key $4120 resistance area. The $4077 region is the immediate support reference, and losing it would create room for another downside liquidity sweep.
Confirmation should come from a strong candle close below $4065 with increasing volume and bearish momentum. A failed retest of $4065–$4080 from underneath would further confirm support turning into resistance.
If price reclaims $4120 with strong momentum, the bearish thesis loses validity.
“If price closes above $4120, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $XAUT
Trade Setup
Entry: $4065–$4085
Target 1: $4025
Target 2: $3990
Target 3: $3940
Stop Loss: $4120
How it's possible
The structure favors sellers while price remains below the key $4120 resistance area. The $4077 region is the immediate support reference, and losing it would create room for another downside liquidity sweep.
Confirmation should come from a strong candle close below $4065 with increasing volume and bearish momentum. A failed retest of $4065–$4080 from underneath would further confirm support turning into resistance.
If price reclaims $4120 with strong momentum, the bearish thesis loses validity.
“If price closes above $4120, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $XAUT