2025-12-30 20:27:22

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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
3
Repost
Share

Comment

0/400

FastLeaver

· 20h ago

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.

View OriginalReply0

GrayscaleArbitrageur

· 20h ago

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.

View OriginalReply0

Web3Educator

· 20h ago

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

Reply0