🔻 BEARISH PRESSURE: XMR STALLING NEAR LOCAL HURDLES!
The hourly chart shows $XMR facing strong overhead resistance after failing to sustain higher levels toward the 474 mark. Sellers are steadily taking charge of the immediate momentum.
📉 Tactical Short Blueprint: XMR/USDT
• Entry Zone: 465.00 – 468.00
• Risk Protection (SL): 476.00
• Target Level 1: 460.50
• Target Level 2: 455.08
• Target Level 3: 449.50
📊 Technical Rationale:
Price action is hovering right around the MA(7) [466.47] and MA(25) [467.68] benchmarks, showing clear signs of weakness following multiple rejection wicks. Volume has dried up significantly, making the asset prone to a downward rotation toward the MA(99) [455.08] support line.
💬 What’s your position here? Are you shorting this resistance zone or waiting for a deeper drop? Drop your strategy below! 👇#TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump #SchwabPlansToAddSOLAVAXLINKTrading #YenPasses160PerDollarToOneMonthLow #BitcoinSpotETFEnds9DayInflowStreak $XMR
The hourly chart shows $XMR facing strong overhead resistance after failing to sustain higher levels toward the 474 mark. Sellers are steadily taking charge of the immediate momentum.
📉 Tactical Short Blueprint: XMR/USDT
• Entry Zone: 465.00 – 468.00
• Risk Protection (SL): 476.00
• Target Level 1: 460.50
• Target Level 2: 455.08
• Target Level 3: 449.50
📊 Technical Rationale:
Price action is hovering right around the MA(7) [466.47] and MA(25) [467.68] benchmarks, showing clear signs of weakness following multiple rejection wicks. Volume has dried up significantly, making the asset prone to a downward rotation toward the MA(99) [455.08] support line.
💬 What’s your position here? Are you shorting this resistance zone or waiting for a deeper drop? Drop your strategy below! 👇#TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump #SchwabPlansToAddSOLAVAXLINKTrading #YenPasses160PerDollarToOneMonthLow #BitcoinSpotETFEnds9DayInflowStreak $XMR