XAN is looking ripe for a short, got a sweet setup forming here. Price just broke down from a key level, definitely catching my eye.
🔴 $XAN SHORT 📉
Entry $0.014205-$0.014233 | SL $0.014646 (-3.0%) | TP1 $0.014006 (+1.5%) | TP2 $0.013508 (+5.0%) | R/R 1:1.7 | Conf 64%
We've got a bunch of signals firing on this one - market structure break, volume confirming the direction, and a fair value gap all lining up. The order block and liquidity sweep are also right where we want them, and that overlap with the fair value gap is just the cherry on top. It's a pretty solid confluence of factors that makes me think this short has legs.
A 3.0% stop loss feels about right for this trade, not too tight, not too wide, and I'd say 2x to 3x leverage should do the trick.
If we hit TP1, I'm taking some profits off the table, no sense in being greedy when the trade is already working in our favor.
Not financial advice — trade only what you can afford to lose 🙏
$XAN #XANUSDT #SMC #TradingSignals #Write2Earn
🔴 $XAN SHORT 📉
Entry $0.014205-$0.014233 | SL $0.014646 (-3.0%) | TP1 $0.014006 (+1.5%) | TP2 $0.013508 (+5.0%) | R/R 1:1.7 | Conf 64%
We've got a bunch of signals firing on this one - market structure break, volume confirming the direction, and a fair value gap all lining up. The order block and liquidity sweep are also right where we want them, and that overlap with the fair value gap is just the cherry on top. It's a pretty solid confluence of factors that makes me think this short has legs.
A 3.0% stop loss feels about right for this trade, not too tight, not too wide, and I'd say 2x to 3x leverage should do the trick.
If we hit TP1, I'm taking some profits off the table, no sense in being greedy when the trade is already working in our favor.
Not financial advice — trade only what you can afford to lose 🙏
$XAN #XANUSDT #SMC #TradingSignals #Write2Earn