【$XAN】Short Position, 4H Overbought/Volume-Price Divergence/Short Squeeze Exhaustion


$XAN After a surge in volume at the 4-hour level, buying pressure has sharply weakened in the latest hour, with price stalling at high levels. RSI has entered the overheated zone at 77.4, but price has failed to effectively break through the 0.0150 psychological level, a typical sign of buy-side exhaustion. In a negative funding rate environment, this rally looks more like liquidating short positions rather than a true trend reversal. Chasing longs now is just gifting money to the whales.
🎯 Direction: Short🛡️ Strategy: Take profits in batches, strictly prevent drawdowns.⚡ Entry: 0.01485 - 0.01495🚀 Targets: 0.01320 / 0.01190🛑 Stop Loss: 0.01530
View live market data 👇 $XAN
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XAN23,2%
BTC-2,99%
ETH-3,45%
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