$XEC has entered a massive parabolic phase, Printing a significant bullish candle on the daily chart with a gain of over 34%. After a long period of consolidation near the 0.0000686 support level, the price has surged with high volume, breaking through multiple resistance zones to hit a 24-hour high of 0.00001095. This explosive move confirms a strong trend reversal and high buyer demand in the current market cycle.
The price action remains extremely aggressive as it approaches the upper resistance levels. If the momentum sustains above 0.00001000, we can expect the upward move to continue toward the next liquidity targets.
Target 1: 0.00001150
Target 2: 0.00001280
Target 3: 0.00001450
XEC
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