XNY’s recent price action is making everyone itchy to jump in 💥. Honestly, this is a classic high-level consolidation phase—the price rose too fast, now it needs to cool off.



Here are a few points I’m watching:

**Bulls and bears are wrestling here**
Price is hovering around 0.0072, which is the platform after a strong pump. Whether it can hold here is crucial—if it consolidates, it’s just a shakeout; if it can’t hold, be careful of a pullback. By the way, short-term indicators like KDJ are all overbought, so it needs time to cool down.

**Two key levels to remember**
- First line of defense: around 0.00594 (near the EMA18). If this holds, the rebound logic is still intact. If it breaks, we’ll have to reassess.
- Core support: around 0.00493, where all the long-term moving averages converge—also the starting point of this rally. If this breaks, the whole trend could change.

**Volume is the real deal**
For an upward move, you need to see volume follow through—any pump without volume is just a paper tiger. On the way down, low-volume pullbacks are fine, but if there’s heavy selling volume, be alert.

**My thoughts on trading**

If you’re already in: consider gradually trailing your stop loss up to 0.0059 to protect profits. If it pushes toward the previous high at 0.021 but volume doesn’t keep up, consider selling a portion.

If you’re still on the sidelines: Chase now? I suggest you stay calm. Either wait for a pullback to 0.0060–0.0059 and see if it stabilizes, or wait for a volume breakout above 0.021 and see if it holds. Otherwise, just watch from the sidelines.

With this much volatility, protecting your capital is more important than anything. Trade with a plan—don’t act on impulse.
XNY27.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
0xLostKeyvip
· 10h ago
Oh, this XNY rally is really strong. Now it’s all about whether it can hold 0.0072. I agree that any pump without volume to back it up is just hype. For those who are already in, make sure to protect your profits—don’t get greedy.
View OriginalReply0
FrontRunFightervip
· 11h ago
ngl this reeks of classic MEV-style manipulation tbh... you're watching retail get sandwiched between those support levels while whales control the volume narrative. 0.0072 "consolidation"? more like a dark forest waiting to ambush weak hands. the quantity gatekeeping is exactly how they extract value from the order flow fr fr
Reply0
airdrop_huntressvip
· 11h ago
If it can't hold, it will have to dump. This time, we really need to watch the volume—any breakout without volume is a false one.
View OriginalReply0
DancingCandlesvip
· 11h ago
Chasing now is just giving away money, I really advise you to wait. If you can't hold out, it's over—this position is too risky. If volume doesn't follow, any further rise is meaningless, it scared me into a cold sweat. If it breaks 0.00594, you should get out—don't hold your position, bro. Thinking about 0.021 is just dreaming, let's focus on defending 0.0072 first. The pace is a bit too fast, the indicators need time to catch up. Wait for it to stabilize before getting in, right now it's just gambling. Low volume is fine, but if there's a volume dump I'll liquidate everything. Everyone's tempted, I'm even more tempted, but I'm not acting. If you've already entered, protect your profits—don't be greedy.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)