XNY's upward momentum weakens, and sellers are starting to intervene at key resistance levels.

Go short immediately $XNYUSDT

Entry: 0.00590 – 0.00615

Stop Loss: 0.00625

Take Profit 1: 0.00570

Take Profit 2: 0.00540

Take Profit 3: 0.00510

The bullish strength has failed to stay at its peak, especially near the previous high resistance, where buying interest appears hesitant. Momentum is being gradually eroded by persistent selling pressure, and signs of divergence and overbought conditions are emerging at high levels. The market feels heavy in liquidity, with the supply side beginning to overpower demand, which often paves the way for subsequent downward movement as long as sellers continue to exert pressure.

Trade $XNYUSDT here 👇