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【$XNYUSDT Signal】Breakout and Pullback, Bulls Power Up for Another Attack
$XNYUSDT The 4-hour chart price has already broken above the upper Bollinger Band, and the MACD histogram is still expanding, indicating a continuation of the strong breakout signal. On the 1-hour chart, the price is consolidating around 0.0066, with buy orders accumulating clearly below 0.00663, and selling pressure being quickly absorbed. The current price still has room to move towards the 1-hour EMA20, so chasing the high directly offers a poor risk-reward ratio. Patience is advised for a healthy pullback.
🎯Direction: Long(Order)
⚡Entry/Order: 0.00601 - 0.00616
🛑Stop Loss: 0.00570
🚀Target 1: 0.00804
🚀Target 2: 0.00898
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Position size remains stable, and funds have not withdrawn after the rally. The 1-hour RSI is around 67, with healthy momentum and no signs of extreme overbought conditions. Market depth shows that the sell wall above 0.00665 is relatively sparse. Once a pullback confirms support, breaking through this resistance zone will be much easier. Coupled with a positive funding rate, market sentiment leans bullish but is not overheated, leaving room for further upside.
View real-time market 👇 $XNYUSDT
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