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Technical analysis by Avery_Upton about Symbol XDC on 7/10/2025

https://sahmeto.com/message/3624716
Avery_Upton
Avery_Upton
Rank: 4747
1.7
،Technical،Avery_Upton

Classic accumulation structure in play after months of channeling, with textbook Wyckoff signals: SC (Selling Climax), AR (Automatic Rally), and successful creek breakout. The current move shows a powerful expansion candle off a rounded “cup” base, with early FOMO buyers piling in. DO NOT CHASE. Best R:R comes from waiting for a pullback into the prior resistance zone, now potential support—watch the 0.618–0.786 retrace for a “reload” opportunity. This lines up with both Wyckoff’s “Back Up to the Creek” and the classic cup-and-handle handle formation. Measured move targets above, but patience is key: history shows the first expansion leg often gets a sharp retrace. If price pulls back into the reload zone, look for confirmation and manage risk with clear invalidation below the recent low. Stay stoic, ignore FOMO—let the setup come to you. Key Levels: 0.618/0.786 retrace = watch for entry Measured move target = green box Invalid if closes back below the cup base Chart markup: Accumulation, cup & handle, retrace zone, measured target.

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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.072963
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