#XMR $XMR
If the price breaks support levels strongly and drops below 348, it will most likely continue toward 343 – 338 until it sweeps the liquidity below. In this case, there may be a selling opportunity (Short).
If the stop is hit,
🟢 and if the price remains stable above support and clear reversal signals appear, then we may see a buying opportunity (Long), with the target being the liquidity zones between 359 – 364.
If the price breaks support levels strongly and drops below 348, it will most likely continue toward 343 – 338 until it sweeps the liquidity below. In this case, there may be a selling opportunity (Short).
If the stop is hit,
🟢 and if the price remains stable above support and clear reversal signals appear, then we may see a buying opportunity (Long), with the target being the liquidity zones between 359 – 364.