XMR is looking ripe for a short, price just broke down from a key level. We've got a clear path to the downside here
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🔴 $XMR SHORT 📉
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📍 Entry Range: $393.7858 – $394.5742
🛑 Stop Loss: $406.0054 (-3.0%)
🎯 TP1: $388.2673 (+1.5%)
🏆 TP2: $374.4710 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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This setup is firing on multiple cylinders - we've got a market structure break, volume confirming the direction, and a fair value gap that's just begging to get filled. The order block and POI confluence are the icing on the cake, making this a high-confidence play. Overall, the structure looks pretty darn ugly for the bulls
With a 3.0% stop loss, this one feels about right, not too tight, not too wide, and I'd be comfortable running 2-3x leverage on this trade
When we hit TP1, I'm taking some off the table, don't want to get too greedy and let the rest ride to see if we can get that full reward
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XMR #XMRUSDT #1000CAT #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $XMR SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $393.7858 – $394.5742
🛑 Stop Loss: $406.0054 (-3.0%)
🎯 TP1: $388.2673 (+1.5%)
🏆 TP2: $374.4710 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
This setup is firing on multiple cylinders - we've got a market structure break, volume confirming the direction, and a fair value gap that's just begging to get filled. The order block and POI confluence are the icing on the cake, making this a high-confidence play. Overall, the structure looks pretty darn ugly for the bulls
With a 3.0% stop loss, this one feels about right, not too tight, not too wide, and I'd be comfortable running 2-3x leverage on this trade
When we hit TP1, I'm taking some off the table, don't want to get too greedy and let the rest ride to see if we can get that full reward
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XMR #XMRUSDT #1000CAT #TradingSignals #Write2Earn