#XVS/USDT – Accumulation Nearing Its End, Major Breakout?

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#XVS/USDT – Accumulation Nearing Its End, Major Breakout?XVS / TetherUSBINANCE:XVSUSDTCryptoAnalystSignal#XVS The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone (in green) was found at 2.91, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 2.97 First Target: 3.02 Second Target: 3.08 Third Target: 3.14 Stop Loss: At the resistance zone (in green) Remember this simple rule: Money Management. Any questions, please leave a comment. Thank you.