🔥 $XNY
/ USDT: Short Squeeze Loading? (Long Setup)
$XNY is deeply overextended to the downside. With the RSI hitting oversold territory and sellers losing steam at local support, a sharp "mean reversion" bounce is looking highly probable. Late shorts are at risk!
📊 Strategy & Logic
The Bounce Zone: Price is sitting right on local support ($0.00445–$0.00458).
Momentum Shift: MACD histograms are flattening and the RSI is near 35, signaling that the "dump" is nearing exhaustion.
The Trigger: A reclaim of $0.00470 will likely trigger a short-covering rally, shifting the structure back to a recovery phase.
⚔️ The Trade Execution (Long)
Entry: $0.00445 – $0.00458
Targets: 1. 🎯 $0.00485
2. 🎯 $0.00520
3. 🎯 $0.00560 🚀
Stop Loss (SL): $0.00420
💡 Quick Tip: If price moves back above $0.005, the short-term structure turns fully bullish. Watch the volume on the breakout!
By: Nabiha Noor
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