XMR/USDT — compression at EMA: is the market ready for a breakout upwards?🤔
What is happening now? 👀
On the 4H chart, XMR has entered a phase of strong compression right in the zone of all key EMAs. The price is trading above EMA21 (~619), above EMA50 (~608), and significantly above EMA99 (~565) — this is a classic decision-making zone for the market.
Key trend points
The structure after the downward impulse has shifted to a sideways movement with rising lows.
EMA50 and EMA99 act as dynamic support.
EMA21 — the main trigger, this is what the market is "digesting."
Indicators
RSI(14) ~50 — neutral, there is room for growth.
RSI(6) ~59 — short-term bullish impulse.
MACD — the histogram is rising, bearish pressure is weakening.
StochRSI — breakout upwards → signal for continuation of movement.
Conclusion on EMA21
Yes, the market is ready for a breakout above EMA21, but confirmation is needed — a candle close above 622–625 on volume. Without this, a repeat pullback to EMA50 is possible.
Trading plan
Main scenario — LONG
Aggressive entry: 620–623.
Conservative entry: after a close above 625.
🎯 Targets:
650
685
720
⛔️ Stop: 605 (below EMA50).
Alternative:
Refusal of the breakout → pullback to 600–590, where we look for long again from EMA50.
📌Summary:
Compression at all EMAs + indicator reversal = the market on the verge of movement. EMA21 — the last barrier before continuing the rise.
👉$XMR
