🚨 $XMR — RECORD OPEN INTEREST | SWING SHORT SETUP
Monero is approaching a major resistance zone while Open Interest reaches record levels, raising the risk of a potential liquidation event.
📉 Technical Analysis
* Price is testing resistance around $610–$620.
* Potential bearish divergence on the daily chart.
* Record Open Interest signals elevated futures positioning and potential volatility.
* A rejection from resistance could trigger a deeper correction.
🔴 SHORT SETUP
⚙️ Leverage: 2–3x (Isolated)
📍 Entry Zone: $605–$620
🎯 Take Profit Targets
* TP1: $580
* TP2: $550
* TP3: $520
* TP4: $490
🛑 Stop Loss: $650
📌 Trade Management
Consider moving SL to breakeven after TP1. Wait for bearish confirmation before entering, and avoid chasing the price.
#XMR #Monero #TradeWithYota #FutureTradingSignals #Futures_Signals
Monero is approaching a major resistance zone while Open Interest reaches record levels, raising the risk of a potential liquidation event.
📉 Technical Analysis
* Price is testing resistance around $610–$620.
* Potential bearish divergence on the daily chart.
* Record Open Interest signals elevated futures positioning and potential volatility.
* A rejection from resistance could trigger a deeper correction.
🔴 SHORT SETUP
⚙️ Leverage: 2–3x (Isolated)
📍 Entry Zone: $605–$620
🎯 Take Profit Targets
* TP1: $580
* TP2: $550
* TP3: $520
* TP4: $490
🛑 Stop Loss: $650
📌 Trade Management
Consider moving SL to breakeven after TP1. Wait for bearish confirmation before entering, and avoid chasing the price.
#XMR #Monero #TradeWithYota #FutureTradingSignals #Futures_Signals