🚨 $XMR Clearly Bearish
Current price is currently trading below all major MAs (MA5=350, MA10=354, MA20=366, MA120=398), indicating a strong bearish alignment. The MA structure is in a clear downtrend.
The latest candle has low volume, suggesting a potential pause or exhaustion.
Capital Flow: Contract net outflow is significant across multiple timeframes (-590K in 1H, -675Kin 2H, -103K in 4H), indicating strong bearish momentum and a lack of buying interest. The 15m inflow (262K) is an outlier but does not change the overall bearish outlook.
Entry short $XMR : 350 (MA5 level) or on a pullback to 355-360 (MA10/MA20 confluence). Alternatively, break below 339 (24h low) could be used for a momentum short.
Stop Loss: at 365 (above resistance and MA20)
Target Price $XMR : 334 (support), then 321
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