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- 💥 Gate Square Event: #PostToWinCC 💥
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Is $XVG about to run out of gas or is this the real breakout? You need to see this. 🤯
That move over $0.008 was rejected hard, which gave us a big red wick on the hourly. Classic profit taking.
The key is that we held the momentum and didn't crash back down. We're consolidating around $0.0076 now. This level needs to be held as immediate support.
If buyers step in here, we're going to re-test the $0.008 high quickly. If it breaks below $0.0075, we could easily see $0.0072 again for a deeper retest.
Volume is good, but the next candle needs to be green for confirmation. Watch the bid/ask spread closely.
What's your gut telling you on this one? 👇
Just my opinion. Trade safe and manage your risk.
#xvg #LaunchTokensOnSquareToGrab$1,000