XVG recently experienced a beautiful low-level rebound rally. The price first dipped to a stage low of $0.005810, then quickly saw buying interest enter, forming a clear upward surge. From the bottom to the top, XVG surged to $0.006400, then slightly retraced to around $0.006336, with a daily increase of 4.88%. The 24-hour trading volume was substantial, with a turnover exceeding 6.34 million USDT, and a trading volume of 1.04 billion. During the rally, there was a noticeable increase in trading volume, indicating that strong funds had accumulated at the lows before launching this upward push.



From a time cycle perspective, XVG's short-term performance is indeed noteworthy. A 7-day increase of 2.36%, and a 30-day increase of 7.39%, suggest that the bulls have sustained momentum recently. Although the 90-day decline is -6.12%, and the 1-year decline is -46.44%, reflecting medium-term pressure, the short-term upward trend is already quite clear.

If you want to participate in this rally, it is advisable not to chase the high. A more prudent approach is to wait for a retracement opportunity, and enter with a small position in the $0.006100-$0.006200 range, which can better rely on recent key support levels. For take-profit targets, the first target can be around $0.006300, the second at $0.006400, and if the previous high is effectively broken, it could push toward $0.006500. Stop-loss should be set at $0.006000; once this level is broken, the short-term upward momentum is likely to weaken significantly.

For the bulls, this violent surge is a sign of a counterattack. As long as the stop-loss level is not breached, a bullish attitude can be maintained. Currently, there are no good opportunities for the bears; attempting to go against the trend in such a market often results in being crushed. Bulls should patiently wait for a retracement to position, buying low to more stably capture this rally, while also managing positions carefully to hedge against potential corrections.
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