【$XNY Signal】1H pullback confirmation, sniper for secondary surge

$XNY The 1H timeframe experienced a massive rally yesterday and is currently in a healthy retracement consolidation phase. The price has formed a new support level in the 0.0073-0.0075 range, with the 1H EMA20 (0.0072) providing dynamic support. The 4H level shows a volume-driven long bullish candle establishing an upward trend. The current volume-reducing pullback presents an excellent opportunity for a second entry.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00732 - 0.00735 (Reason: 1H consolidation lower boundary + dense buy support zone )

🛑Stop Loss: 0.00715 (Reason: Break below 1H EMA20 and previous 4H candle low )

🚀Target 1: 0.00780 (Reason: Previous high resistance level )

🚀Target 2: 0.00820 (Reason: 1.618 Fibonacci extension based on ATR )

🛡️Trade Management:

- Position Size Recommendation: Light position to standard size (Reason: Clear trend but high volatility, risk control needed )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0078, move the remaining stop loss to hold and aim for Target 2.

Deep Logic: Although buy/sell ratio data is neutral, open interest (OI) remains stable after the price surge, indicating that long positions have not exited en masse, which is healthy turnover. The 1H RSI (57.61) has retreated from overbought territory to a healthy zone, preparing for another upward move. Market depth shows over 600,000 USDT in dense buy orders below the 0.00731-0.00732 range, forming strong support. The 4H volume breakout of the previous consolidation zone indicates the trend has shifted to bullish dominance.

Trade here 👇 $XNY

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