XENusdt displays indications of a potential falling wedge structure, recognized as a reversal pattern. Presently, the price remains within the confines of this wedge pattern, with an anticipated breakout on the horizon.
The highlighted Demand zone on the chart represents an area suitable for extended accumulation, providing potential entry opportunities for long positions.
Outlined on the chart are targets, with the external supply zone identified as the final setup target. This zone signifies a prospective area where the price may aim for after a breakout from the falling wedge pattern.
Stop loss level given on the chart is very important, keep an eye on it to mitigate the risk should incase market turn around.
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