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Technical analysis by UmutTrades about Symbol XNO: Buy recommendation (5/19/2025)

https://sahmeto.com/message/3781724
UmutTrades
UmutTrades
Rank: 34500
0.9

XNOUSDT - BOUGHT THE DIP, SOLD THE TOP, NOW WHAT ?

:Buy
Price at Publish Time:
$0.96572
Buy،Technical،UmutTrades

What we have done before in XNO is already history, first of all, we gave an 80% rise ( tradingview.com/chart/XNOUSDT/JVHKeRc5-XNOUSDT-Analysis-Volume-Spike-with-a-Promising-Blue-Box-Entry/) and then a 40% fall ( tradingview.com/chart/XNOUSDT/MjECAMSx-XNOUSDT-The-Market-Moves-We-React/) with incredible accuracy. Now when I look at the price, I see neither an increase nor a decrease. Yes, the last increase was sold, but not with high volume, and right now there is selling pressure, yes, but not with high volume. I think it is right to wait until the price decides on the direction. It is useful to say that the price gives upward signals even if it does not have a full trend. A selling climax passing with low volume is most likely bullish. That's why I'm approaching bullish and I think long opportunities can be evaluated on 4h upward breakouts. However, although it's too early to say anything about giving a spot entry, I don't think it's wrong to alert the blue box and look for a breakout in the low time frame.%28 profit.

Source Message: TradingView
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