XVG's recent rally caught attention. Up 25% in just a few days—but where'd it stop? Right at key resistance. That's the problem.
Technically speaking, the setup looks risky here. Price tends to reject at these levels. Short-term pullback seems more likely than a breakout.
That said, if bulls do show up, watch for an inverse head and shoulders pattern. That would be the bullish case to keep on radar. But right now? Waiting for a better entry looks smarter than chasing the current move.
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SurvivorshipBias
· 01-02 20:14
A 25% increase and you want me to buy in? Thanks, but no thanks. I'll wait for a pullback.
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RooftopReserver
· 2025-12-31 22:26
It's the same story again, wanting us to chase after a 25% increase? Haha, lesson learned, old buddy.
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FastLeaver
· 2025-12-30 20:57
A 25% increase is stuck at the resistance level. I’m familiar with this routine; next, it will definitely be a preparation for being trapped.
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GrayscaleArbitrageur
· 2025-12-30 20:55
A 25% increase is stuck at the resistance level. I've seen this trick too many times.
Basically, it's just waiting; there's no need to chase now.
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Web3Educator
· 2025-12-30 20:51
ngl the classic "wait for pullback" play, but lemme be real with you – as i've seen with my students trading these patterns, resistance rejection ≠ automatic dump. that said... yeah prob smart to sit tight here tbh
XVG's recent rally caught attention. Up 25% in just a few days—but where'd it stop? Right at key resistance. That's the problem.
Technically speaking, the setup looks risky here. Price tends to reject at these levels. Short-term pullback seems more likely than a breakout.
That said, if bulls do show up, watch for an inverse head and shoulders pattern. That would be the bullish case to keep on radar. But right now? Waiting for a better entry looks smarter than chasing the current move.