$XNY Analysis:
$XNY executed a buy-side liquidity sweep above $0.0085128, trapping late breakout buyers into the upper Fair Value Gap before rejecting sharply. An upper wick rejection confirms smart money distribution into supply.
Open Interest remains heavy at $4.34M with elevated funding (+0.0478%), leaving over-leveraged longs trapped into resistance and susceptible to a liquidation cascade.
🎯 Entry: $0.0080180 (Zone: $0.0081280 - $0.0085128)
🏆 Targets: TP1 $0.0027898 | TP2 $0.0004653 | TP3 $-0.0027890
🛑 Invalidation: 1D candle close above $0.0088335
$XNY executed a buy-side liquidity sweep above $0.0085128, trapping late breakout buyers into the upper Fair Value Gap before rejecting sharply. An upper wick rejection confirms smart money distribution into supply.
Open Interest remains heavy at $4.34M with elevated funding (+0.0478%), leaving over-leveraged longs trapped into resistance and susceptible to a liquidation cascade.
🎯 Entry: $0.0080180 (Zone: $0.0081280 - $0.0085128)
🏆 Targets: TP1 $0.0027898 | TP2 $0.0004653 | TP3 $-0.0027890
🛑 Invalidation: 1D candle close above $0.0088335
