$XNY USDT BEARISH CONTINUATION SETUP
After a sharp impulsive pump, price faced strong rejection from the upper zone and is now forming lower highs with weakening bullish momentum. The structure indicates distribution at the top followed by a potential continuation to the downside. Volume contraction on the pullback further supports bearish control.
Short Entry Zone: 0.00680 – 0.00695
Stop Loss: 0.00790
Target 1: 0.00600
Target 2: 0.00520
Target 3: 0.00420
As long as price remains below the rejection zone, downside pressure is expected to continue toward the listed targets.
Risk Management: Risk only 2–3% of total capital per trade and secure partial profits at each target to reduce exposure.
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XNYUSDT
Perp
0.004746
-22.66%