XVG/USDT has been showing some interesting movements recently. The 1-hour MACD just completed a golden cross, and the histogram is gradually enlarging, indicating that the momentum is indeed strengthening. RSI is currently at 64, rebounding from the oversold area but not yet entering the overbought zone, suggesting there is still room for upward movement.
The key support is around 0.01. As long as it holds this level, it’s possible to look towards the previous high of 0.0105. The entry strategy is quite simple—position around 0.01005, and if the price breaks above the current level, it’s fine to follow up. Place the stop-loss below 0.0098 to keep risk at about 2.5%.
The expected pace is as follows: first target T1 at 0.0103 (profit +2.5%), and if it stabilizes, then look at T2 at 0.0105 (profit +4.5%).
Honestly, the volume is a hidden risk, but the overall structure is already shifting towards a bullish trend. My plan is to get in first, and once a clear breakdown signal appears, exit immediately. In any case, set a stop-loss when entering and avoid holding on stubbornly out of hope.
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RebaseVictim
· 9h ago
Insufficient volume and still expecting a rally, this logic is a bit questionable... However, the MACD golden cross is indeed worth paying attention to. I am also watching XVG.
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ParanoiaKing
· 9h ago
I also see the potential risk in volume, but it's still worth jumping in before the breakdown signal appears.
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LiquidatedAgain
· 9h ago
It's the same old story... Insufficient volume and still dare to go long? I thought the same last time, and as a result, it dropped below 0.01 directly, making stop-losses useless. Now looking at the technicals, it feels like gambling. A 2.5% risk control sounds very rational, but can you really stick to it?
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LiquidityWitch
· 9h ago
ngl the volume whispers are sketchy but that macd crossover's got me brewing something... xvg's transmuting into bull territory, can't deny the alchemy here
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LuckyBlindCat
· 9h ago
The lack of volume is really a trap; don't be fooled by MACD... XVG kept messing around with this repeatedly before.
XVG/USDT has been showing some interesting movements recently. The 1-hour MACD just completed a golden cross, and the histogram is gradually enlarging, indicating that the momentum is indeed strengthening. RSI is currently at 64, rebounding from the oversold area but not yet entering the overbought zone, suggesting there is still room for upward movement.
The key support is around 0.01. As long as it holds this level, it’s possible to look towards the previous high of 0.0105. The entry strategy is quite simple—position around 0.01005, and if the price breaks above the current level, it’s fine to follow up. Place the stop-loss below 0.0098 to keep risk at about 2.5%.
The expected pace is as follows: first target T1 at 0.0103 (profit +2.5%), and if it stabilizes, then look at T2 at 0.0105 (profit +4.5%).
Honestly, the volume is a hidden risk, but the overall structure is already shifting towards a bullish trend. My plan is to get in first, and once a clear breakdown signal appears, exit immediately. In any case, set a stop-loss when entering and avoid holding on stubbornly out of hope.