$XNY recent 64% surge in volume is no joke. Looking at the chart, the price and open interest are rising simultaneously, clearly indicating that the main force is accumulating shares to push up, rather than a short squeeze.
Buyers are absorbing the selling pressure quite aggressively. After this healthy correction and reset, the upward trend is likely to continue. What is the key signal? The price did not drop sharply after breaking out, indicating that selling pressure has been fully digested. From the current candlestick structure, we are at the starting point of a new wave of upward momentum. As long as the price can hold the midpoint of that high-volume candlestick, the upward energy will continue to be released.
🎯 Long position strategy: 📍 Entry zone: 0.00415 - 0.00435 🛑 Stop-loss setting: 0.00385 (rigid stop-loss, do not move it randomly) 🚀 First target: 0.00500 🚀 Second target: 0.00580
Massive volume increase plus a significant rise in open interest is the most straightforward proof of strong capital inflow. Coupled with technical breakout confirmation, the market outlook is worth paying attention to.
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.
9 Likes
Reward
9
7
Repost
Share
Comment
0/400
TheChivesWereUsedTo
· 18h ago
There's no trading volume at all. Nonsense.
View OriginalReply0
MEVSandwichMaker
· 18h ago
64% directly taking off, this wave of main force isn't pretending
The aggressive buying momentum clearly shows that significant funds are entering the market, not just a false hype
View OriginalReply0
FOMOSapien
· 18h ago
Damn, a 64% increase. How many people had to buy in here... Looking closely, it didn't really plunge, it's kind of interesting.
View OriginalReply0
TokenTherapist
· 18h ago
64% surge, huh? The main force is indeed holding back a big move this time, but don't rush to go all in. It still depends on whether we can hold the key positions.
View OriginalReply0
AirdropAutomaton
· 18h ago
64% of the explosive volume is indeed fierce, but in this kind of market condition, it's usually wise to be cautious as it feels prone to crashing.
View OriginalReply0
TxFailed
· 18h ago
nah actually, every time i see "healthy pullback" followed by those exact entry/exit numbers, my ptsd starts acting up. learned this the hard way—like, *multiple times*.
technically speaking, that midpoint hold thing? classic edge case where it works 2% of the time and destroys portfolios the other 98%. idk man, the vibes seem nice but smells like expensive lesson material to me, fr.
Reply0
MainnetDelayedAgain
· 18h ago
According to the database, 64% of these explosive volume promises have occurred multiple times. How long has it been since the last "main force accumulation" discussion? It is recommended that everyone attempt to set a Guinness World Record and see how much this delay notice can ferment.
$XNY recent 64% surge in volume is no joke. Looking at the chart, the price and open interest are rising simultaneously, clearly indicating that the main force is accumulating shares to push up, rather than a short squeeze.
Buyers are absorbing the selling pressure quite aggressively. After this healthy correction and reset, the upward trend is likely to continue. What is the key signal? The price did not drop sharply after breaking out, indicating that selling pressure has been fully digested. From the current candlestick structure, we are at the starting point of a new wave of upward momentum. As long as the price can hold the midpoint of that high-volume candlestick, the upward energy will continue to be released.
🎯 Long position strategy:
📍 Entry zone: 0.00415 - 0.00435
🛑 Stop-loss setting: 0.00385 (rigid stop-loss, do not move it randomly)
🚀 First target: 0.00500
🚀 Second target: 0.00580
Massive volume increase plus a significant rise in open interest is the most straightforward proof of strong capital inflow. Coupled with technical breakout confirmation, the market outlook is worth paying attention to.