Technical analysis by OlegDC about Symbol XCN: Buy recommendation (3/1/2025)

XCN 4H. Macro retrace to 0.786 and R/S. This setup at this price has lowest risk, SL is very close, if you leverage, good spot buy opportunity with R/R 30. Very safe play can be, By TA, it has to break, retest and then you open long, sometimes price dont retest support for double bottom, just goes vertical, thats a beauty of the altcoins, you never know. This is 200% profit set up. Conservative 5X will give 1000%