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$XAN – The price is trading in a downtrend, with a recent break below key support.
Trading Plan 🔴 Short $XAN Entry: 0.012003 – 0.012825
SL: 0.014268
TP1: 0.0096954
TP2: 0.009275
TP3: 0.0083186
The price has formed a bearish engulfing pattern, indicating a strong sell signal. The Relative Strength Index (RSI) is also in oversold territory, suggesting a potential bounce lower. The price is trading below its 50-period moving average, reinforcing the bearish trend.
Trade $XAN here 👇