$XMR faced long liquidations near $551.29, suggesting leveraged buyers are under pressure. Sellers could attempt another move lower if the current support zone breaks.
$XMR — SHORT
Entry: 549.00 – 553.00
SL: 563.00
TP1: 542.00
TP2: 532.00
TP3: 520.00
TP4: 505.00
The liquidation event highlights weakness around the $551 region. If XMR fails to reclaim this level and sellers continue defending resistance, bearish continuation remains possible. Watch for a weak recovery and rejection before considering an entry.
#BitcoinFiveWeeklyLosses
#TradFiForBeginners
#AIChipSlumpNasdaq
#Binance
$XMR — SHORT
Entry: 549.00 – 553.00
SL: 563.00
TP1: 542.00
TP2: 532.00
TP3: 520.00
TP4: 505.00
The liquidation event highlights weakness around the $551 region. If XMR fails to reclaim this level and sellers continue defending resistance, bearish continuation remains possible. Watch for a weak recovery and rejection before considering an entry.
#BitcoinFiveWeeklyLosses
#TradFiForBeginners
#AIChipSlumpNasdaq
#Binance
