$XNY Quiet Distribution — Breakdown Setup 📉

$XNY SHORT SETUP / Why this level matters: price is hovering near resistance within a range, suggesting sellers may step in after a weak bounce.

Entry: 0.00648 – 0.00660 🟥

Target 1: 0.00620 🎯
Target 2: 0.00598 🎯
Target 3: 0.00565 🎯

SL: 0.00700 🚫

Price is showing hesitation near the top of the range with weak follow-through. Lower timeframe RSI is oversold, allowing for a small bounce before continuation — downside move is favored. Enter near the entry zone with proper risk management.

Click to trade $XNY

XNYBSC
XNYUSDT
0.006504
-5.43%