XAN 15-minute chart just experienced a movement that is not very favorable.
The current quote is 0.01698, down 0.82%. From a technical perspective, the previously accumulated bullish advantage has significantly weakened, and the candlestick has shown a downward break of the dynamic trendline within a 6-period cycle. Although the magnitude doesn't seem large, it is a signal.
There are two approaches to operation. Conservative investors can consider reducing their positions appropriately at this stage, as the bullish momentum has indeed weakened. Aggressive traders can wait a bit longer, but the prerequisite is to see the price re-establish above 0.01699 before considering entry.
The most important thing to watch out for is that if the price cannot quickly recover above 0.01699, the risk of trend reversal will increase, and the focus of defense should shift to the support at 0.01659.
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FOMOSapien
· 20h ago
Dropped again? Oh my, I really didn't see this wave coming.
The statement that bullish momentum is waning is spot on, and it's hard for me to watch.
This analyst's breakdown is very detailed, but to be honest, I'm a bit panicked right now. I don't know whether to reduce my position or hold on tight.
That 0.01699 level must be maintained, or else it will directly drop to 0.01659 and be game over.
If this trend continues, it feels a bit strange, and it seems like it will keep falling further.
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GateUser-a180694b
· 01-10 09:08
Hmm... the trend line has been broken again. This time, it's really a bit scary.
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FancyResearchLab
· 01-09 12:09
Another textbook-style breakdown, which should theoretically be a feasible stop-loss reference line, has now become a hurdle in front of me. Luban No.7 is working on it again, now I am proficient.
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HalfIsEmpty
· 01-08 04:03
Hmm, it dropped below again. This pace is a bit uncomfortable.
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GateUser-0717ab66
· 01-08 04:03
It's down again, this XAN really can't hold up, if it can't hold the 0.01699 line... I think I need to cut my losses quickly.
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BlockchainGriller
· 01-08 04:00
Did it break down again? Oh my, this pace is too fast, I can't keep up.
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I can see that the bullish momentum is weakening, but the question is, who knows how high the rebound can go...
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If 0.01699 can't hold, I'll just close my eyes and sell.
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Conservative reduction or aggressive trading? I just want to know how this wave will end, give me a clear answer.
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It feels like it's heading towards 0.01659. Can this support level hold, friends?
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NervousFingers
· 01-08 04:00
Damn, it dropped again. The bullish advantage is gone as quickly as it appeared, really frustrating.
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0.01699 can't hold, so I have to sell. No point in hesitating.
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Let's see if it can rebound back to 0.01699, otherwise I might just cut my position directly.
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Another signal appears, this time it feels a bit shaky.
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Why would I still dare to wait now if I'm aggressive? I’ve already reduced my position.
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If it drops to 0.01659, the support might really break, making it even more painful then.
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The four words "trend reversal" are the most feared to hear. XAN has indeed been dull this wave.
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Just 6 candlesticks broke the trendline, this signal is very clear.
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Whether conservative or aggressive, it's a bit tricky now, stuck at this point.
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If it can't go back above 0.01699, the bulls will be done for. Watching closely.
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ContractCollector
· 01-08 03:56
Oh no, did it drop below again? This wave is really a bit dull.
XAN 15-minute chart just experienced a movement that is not very favorable.
The current quote is 0.01698, down 0.82%. From a technical perspective, the previously accumulated bullish advantage has significantly weakened, and the candlestick has shown a downward break of the dynamic trendline within a 6-period cycle. Although the magnitude doesn't seem large, it is a signal.
Key technical points summarized:
- Dynamic stop-loss reference line: 0.01699
- Support level: 0.01659
- Resistance gradient: 0.01739 → 0.01763 → 0.01815
There are two approaches to operation. Conservative investors can consider reducing their positions appropriately at this stage, as the bullish momentum has indeed weakened. Aggressive traders can wait a bit longer, but the prerequisite is to see the price re-establish above 0.01699 before considering entry.
The most important thing to watch out for is that if the price cannot quickly recover above 0.01699, the risk of trend reversal will increase, and the focus of defense should shift to the support at 0.01659.