XAO hit a double top at 3700, that is enough for a big wave. MRE was pumped too much that may drop much further. Test Fib ratio for retracement levels:
High: 78.5c Low: 26c
Retracement
23.6% = 66c
38.2% = 58.5c
50.0% = 52c
61.8% = 46c
78.6% = 37c
If XAO fall further, MRE may hit 40c to form a treble bottom. Too much pump and dump. Wait and see.
I maybe wrong. Pls DYOR, good luck.
XAO hit a double top at 3700, that is enough for a big wave. MRE...
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