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$XNY is now sitting at a real decision zone.
On the 4H chart, price has recovered strongly from the 0.00422 sweep and is currently trading around 0.00521.
• MA200 is acting as dynamic support near 0.00476
• MA99 (around 0.00534 area) is acting as dynamic resistance
Price is literally pressing into MA99. That’s why you’re seeing hesitation here.
If price sustains above the MA99 and closes strong above 0.00535, that confirms momentum expansion.
In that case:
• 0.00550 becomes the next magnet
• Then 0.00580 – 0.00600
• If bullish continuation accelerates, 0.00650 is achievable
However, rejection from MA99 would likely push price back toward the strong support zone around 0.00475 (MA200 region). That area is critical. As long as 0.00475 holds, the higher low structure remains intact.
So this is the breakout moment.
Reclaim MA99 → trend shift continuation.
Reject from MA99 → short-term pullback inside recovery.
Right now bulls are testing control. The next 4H close matters.
#MyViewOnWeb4.0’sOutlook