$XMR /USDT is looking interesting for a short around $510.
#XMR Price is struggling below the 519–522 resistance zone, and the recent 4H candles show repeated rejection from the higher levels after the sharp rally. If sellers regain control, I’m watching 481 first, followed by the deeper support zones.
My setup: Entry 510 | SL 522 | TP1 461 | TP2 437.
The risk is tight at just 12 points, while the potential is much larger — roughly 4R to TP1 and 6R to TP2. As long as XMR stays below 519–522, I’ll favor the downside. A clean 4H close above 522 would invalidate the bearish idea.
#XMR Price is struggling below the 519–522 resistance zone, and the recent 4H candles show repeated rejection from the higher levels after the sharp rally. If sellers regain control, I’m watching 481 first, followed by the deeper support zones.
My setup: Entry 510 | SL 522 | TP1 461 | TP2 437.
The risk is tight at just 12 points, while the potential is much larger — roughly 4R to TP1 and 6R to TP2. As long as XMR stays below 519–522, I’ll favor the downside. A clean 4H close above 522 would invalidate the bearish idea.
