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XNY current market trend is worth关注. From the price performance, the current price of 0.004430 has rebounded over 67% from the 24-hour low of 0.002649. During this rally, trading volume has significantly increased, and funds are actively entering to support the order book. The combination of volume and price movement confirms the sustainability of the bullish trend.
From a cycle perspective, the 7-day increase is 27.63%, and today alone surged by 54.79%, indicating strong short-term momentum. The MA5 moving average is steeply rising and has crossed above the MA10 to form a golden cross, with the moving average system resonating to release a clear bullish signal. The support level at 0.003970 below is a good support.
On the 15-minute chart, the price has stabilized around 0.0044, and the upward momentum is still present. The correction phase has basically ended. Those interested in participating can set a stop-loss below 0.004346 for a long position. The recent target can be set at 0.004572. Overall, now is not the time to short; the bullish atmosphere remains strong.