⚔️ THE REVERSAL & VOLATILITY PLAYS (Dip Buying
$XNY Codatta The 50% Retracement 🟢 LONG
• 🟢 Entry: 0.0068 – 0.0072
• 🎯 T1: 0.0098
• 🎯 T2: 0.0130
• ❌ SL: < 0.0059
XNYUSDT
Perp
0.00524
-6.29%
Why: After spiking to $0.016, the price crashed to $0.007. This represents a roughly 61.8% Golden Pocket retracement, a common level where algorithms step in to buy the dip. The violence of the drop has flushed out leverage, leaving the order book lighter for a rapid "Dead Cat Bounce" recovery. We are trading the volatility snap back.