Technical analysis by CryptoAnalystSignal about Symbol XVS: Buy recommendation (3/19/2025)

#XVSThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 5.60.We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 5.70First target: 5.86Second target: 6.03Third target: 6.32