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#MarketRebound XAI Technical Analysis – Bearish Outlook 📉
Original analysis by Ishfaq Khan
$XAI is currently showing strong bearish momentum, with sellers dominating price action. The price is struggling to sustain above 0.02103, and selling pressure continues to increase.#NBNtrade $XRP $SOL
A major resistance zone at 0.02269 is acting as a strong supply area, blocking any upside recovery. As long as price remains below this level, the bias stays bearish.
On the downside, 0.02045 is the next key support level and is likely to be tested if bearish momentum continues. Short-term timeframes (15m, 1h, and 4h) all confirm a downside structure, aligning with the broader bearish trend.
Trade Idea (Short Setup):
Entry: 0.02103
Stop Loss: 0.02125
Target 1: 0.02085
Target 2: 0.02045
Target 3: 0.02010
📉 Trend-based short trade with defined risk and multi-level take profits.
Original analysis by Ishfaq Khan
$XAI is currently showing strong bearish momentum, with sellers dominating price action. The price is struggling to sustain above 0.02103, and selling pressure continues to increase.#NBNtrade $XRP $SOL
A major resistance zone at 0.02269 is acting as a strong supply area, blocking any upside recovery. As long as price remains below this level, the bias stays bearish.
On the downside, 0.02045 is the next key support level and is likely to be tested if bearish momentum continues. Short-term timeframes (15m, 1h, and 4h) all confirm a downside structure, aligning with the broader bearish trend.
Trade Idea (Short Setup):
Entry: 0.02103
Stop Loss: 0.02125
Target 1: 0.02085
Target 2: 0.02045
Target 3: 0.02010
📉 Trend-based short trade with defined risk and multi-level take profits.
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