🪙 The original $XMR
🔴 Short | Binance Perpetual | 4 hours
📈 Distribution after the impulse: 404.28→549.06. Price at 524.26 is sitting near the highest price within 24 hours, which is 549.06. RSI(6) is in the middle at 65.76. The MACD indicator is bullish, with DIF at 18.60 higher than DEA at 15.16. Supertrend is green at 483.12.
📐 Fibonacci 🔹 0.0: 404.28 | 0.236: 438.44 | 0.382: 459.71 | 0.5: 476.67 | 0.618: 493.63 | 0.786: 518.18 | 1.0: 549.06
🎯 Setup: Short (SHORT) on retest of the 24-hour high 549.06 during post-hard-impulse distribution.
🔴 Entry: 538.50 (limit order on BOLL UP)
🛑 Stop Loss: 556.30 (above the 24-hour maximum high)
🔴 Target 1: 517.29 (MA7 — take partial profit)
🔴 Target 2: 489.81 (BOLL MB — extension)
🔴 Target 3: 476.67 (Fib 0.5 — full extension)
🔴 Short | Binance Perpetual | 4 hours
📈 Distribution after the impulse: 404.28→549.06. Price at 524.26 is sitting near the highest price within 24 hours, which is 549.06. RSI(6) is in the middle at 65.76. The MACD indicator is bullish, with DIF at 18.60 higher than DEA at 15.16. Supertrend is green at 483.12.
📐 Fibonacci 🔹 0.0: 404.28 | 0.236: 438.44 | 0.382: 459.71 | 0.5: 476.67 | 0.618: 493.63 | 0.786: 518.18 | 1.0: 549.06
🎯 Setup: Short (SHORT) on retest of the 24-hour high 549.06 during post-hard-impulse distribution.
🔴 Entry: 538.50 (limit order on BOLL UP)
🛑 Stop Loss: 556.30 (above the 24-hour maximum high)
🔴 Target 1: 517.29 (MA7 — take partial profit)
🔴 Target 2: 489.81 (BOLL MB — extension)
🔴 Target 3: 476.67 (Fib 0.5 — full extension)