$XNY The signal for a clear top is evident, short positions are profitable!

After a significant increase in volume at high levels, XNY has shown a clear stagnation in price, unable to continue rising, and selling pressure is beginning to concentrate and release. A rapid decline under 10x leverage has formed a bearish trend.

The technical indicators show significant pressure at high levels, bullish momentum has been exhausted, making it a great opportunity to short in line with the trend.

There is still room for further downward movement in the short term. In this kind of market where price stagnates at high levels before turning down, the worst thing to do is to try to catch the bottom; only by honestly following the trend can one secure a stable and substantial profit.

Not chasing the rise, but only taking advantage of the trend, is the key to surviving in the contract market for the long term.