The trend of $XNY is indeed a bit awkward. From a technical perspective, the RSI on the 15-minute to 4-hour charts is all above 60, indicating a strong upward momentum. The MACD is also in a bullish crossover, which should normally be a signal. But here’s the problem—the trading volume has almost disappeared, shrinking to -99.6%, which is the real killer.
The price is now stuck at the psychological level of 0.00. To break above, it needs to first surpass 0.0001, then 0.00015. There is little support below, and the risk of dropping to zero is objectively present.
This is a typical "technical pattern with no volume" awkward situation. Any breakout under such exhausted liquidity should be questioned, and it could even be a trap. The price data itself is also abnormal, which has already gone beyond the scope of conventional technical analysis.
My choice is very clear: watch patiently and keep my hands still. Instead of chasing such abnormal assets, it’s better to reflect on the previous $BTC losses and wait for a more stable market opportunity. Risk awareness always comes first.
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ProbablyNothing
· 8h ago
Trading volume shrank to -99.6%, how do we deal with this... Feels like a trap
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Can you trust the patterns without volume? That's just ridiculous
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$XNY this thing, just looking at the candlestick charts is deceptive, volume tells the real story
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I'm also on the sidelines, I can't touch these abnormal data things
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Another technical scam, if you can't break through, you have to run
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With such depleted trading volume, still want to break out? That's nonsense
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Agreed, let's take a break first, and see if there's an opportunity later
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ChainDoctor
· 8h ago
Trading volume -99.6%. This is really not a signal, it's a warning. The technicals look very comfortable, but it's actually just a bluff; a rise with no buyers can't go anywhere.
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AirdropHunter420
· 8h ago
The trading volume is gone; no matter how beautiful the candlestick charts are, they are all paper tigers.
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BearHugger
· 8h ago
With 99% of the trading volume gone, still daring to perform a golden cross—if that's not a trap, what is? Staying still like a mountain is the true way.
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HalfPositionRunner
· 8h ago
There's nothing left, what's the point of playing with this?
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HackerWhoCares
· 8h ago
Trading volume -99.6%, what's the point of playing around, technical patterns are all fake
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LuckyBearDrawer
· 8h ago
Trading volume -99.6%, this is basically a dead coin signal. No matter how good the technicals look, what's the use?
Wait, what does the abnormal price data mean? Feels like there's a problem with the entire market.
Same here, just holding and not moving, haven't even recovered from BTC's losses.
The trend of $XNY is indeed a bit awkward. From a technical perspective, the RSI on the 15-minute to 4-hour charts is all above 60, indicating a strong upward momentum. The MACD is also in a bullish crossover, which should normally be a signal. But here’s the problem—the trading volume has almost disappeared, shrinking to -99.6%, which is the real killer.
The price is now stuck at the psychological level of 0.00. To break above, it needs to first surpass 0.0001, then 0.00015. There is little support below, and the risk of dropping to zero is objectively present.
This is a typical "technical pattern with no volume" awkward situation. Any breakout under such exhausted liquidity should be questioned, and it could even be a trap. The price data itself is also abnormal, which has already gone beyond the scope of conventional technical analysis.
My choice is very clear: watch patiently and keep my hands still. Instead of chasing such abnormal assets, it’s better to reflect on the previous $BTC losses and wait for a more stable market opportunity. Risk awareness always comes first.