XVSUSDT 60% Surge Anticipation
🔅XVSUSDT exhibits strong uptrend signals. In November, a breakout from the triangle pattern, coupled with a rebound from the demand area, marked the initial phases of an uptrend. Subsequently, a robust breakout above the ascending channel showcased sustained buying pressure.
🔅Despite a significant pullback, XVS found support at the 61.8% Fibonacci retracement level, potentially indicating the conclusion of the correctional phase. The continuation of an uptrend is likely if the current support holds, aiming for a new higher high.
🔅The key resistance at the $10 psychological level, confirmed by a double Fibonacci level, is the next target. A successful reach would translate to a 60% price surge for XVSUSDT. Investors should monitor the support level for trend confirmation and potential entry points.
🔅Despite a significant pullback, XVS found support at the 61.8% Fibonacci retracement level, potentially indicating the conclusion of the correctional phase. The continuation of an uptrend is likely if the current support holds, aiming for a new higher high.
🔅The key resistance at the $10 psychological level, confirmed by a double Fibonacci level, is the next target. A successful reach would translate to a 60% price surge for XVSUSDT. Investors should monitor the support level for trend confirmation and potential entry points.
Trade closed: target reached