$XMR /USDT — LONG | CONF 76%
XMR is heavily oversold on the 1H chart after a sharp sell-off. Your screenshot shows RSI(6) at 19.60, while price is below EMA(7), EMA(25), and EMA(99). That creates a high-risk bounce setup, not a confirmed trend reversal. Binance currently lists XMRUSDT as a perpetual contract, but its live page is showing a different price than your screenshot, so the levels below are based on your Binance chart.
Trade Plan:
Entry: 515 – 523
Stop Loss: 500
TP1: 533
TP2: 546
TP3: 560
Why this setup?
RSI(6) 19.60 → deeply oversold
Price is approaching the 518–520 support zone
Large drop from the 580–590 area creates room for a technical bounce
EMA(7) at 529.33 is the first major recovery level
EMA(25) at 546.76 becomes the next resistance
Confirmation: 1H candle closes back above 529–533.
Invalidation: Strong 1H close below 500.
Debate: Can $XMR reclaim 533, or will sellers push it below 500?
$XMR
XMR is heavily oversold on the 1H chart after a sharp sell-off. Your screenshot shows RSI(6) at 19.60, while price is below EMA(7), EMA(25), and EMA(99). That creates a high-risk bounce setup, not a confirmed trend reversal. Binance currently lists XMRUSDT as a perpetual contract, but its live page is showing a different price than your screenshot, so the levels below are based on your Binance chart.
Trade Plan:
Entry: 515 – 523
Stop Loss: 500
TP1: 533
TP2: 546
TP3: 560
Why this setup?
RSI(6) 19.60 → deeply oversold
Price is approaching the 518–520 support zone
Large drop from the 580–590 area creates room for a technical bounce
EMA(7) at 529.33 is the first major recovery level
EMA(25) at 546.76 becomes the next resistance
Confirmation: 1H candle closes back above 529–533.
Invalidation: Strong 1H close below 500.
Debate: Can $XMR reclaim 533, or will sellers push it below 500?
$XMR
