Xavausdt trading ideaXavausdt displays a double bottom formation, with the price successfully breaking above the neckline and maintaining its position above it.
Anticipating a potential pullback towards the neckline zone, serving as a significant demand area, presents a substantial buying opportunity for those seeking to re-accumulate the coin before further upward momentum.
It's crucial to monitor the immediate resistance level highlighted on the chart. A breakthrough above this level would suggest buying only on pullbacks from this point onwards. The overall target for the setup remains unchanged.
Your insights on this coin are encouraged and welcomed.