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Chia at 2.532 is attempting to form a base after a prolonged bearish phase, but momentum is still relatively weak.
Near support: 2.40
Strong support: 2.10–2.20
Near resistance: 2.75
Major resistance: 3.10–3.30
Short-term price action shows stabilization, though buying pressure is not strong enough yet to confirm a major reversal.
Scenarios:
Holding above 2.40 → potential rebound toward 2.75–3.30
Breaking below 2.40 → risk of revisiting the 2.10 area
RSI is slowly recovering from oversold territory, suggesting selling pressure is easing. Current structure remains neutral-to-bearish until XCH breaks above 2.75 with stronger volume confirmation.
$XCH