$XMR
$XMR After the crazy rally… calm before the next storm?
Technical analysis:
Current price: $604.49
We can see that $XMR rose to $660, then underwent a sharp correction, touching $563.56, which is now support.
The price is currently consolidating sideways between $596 and $620 on the 4-hour timeframe.
Volume has started to decline: 6.55K = whale accumulation.
As long as it stays above $596, the trend remains bullish. A break below $563 = a pullback.
Trading plan:
1. Buy scenario:
Entry: $600–$596
Target 1: $619.5
Target 2: $640
Target 3: $658
Stop loss: $583; a 4-hour candle close below this level
2. Sell scenario:
If it breaks below $596 on high volume, sell toward $575–$565, with a stop at $604.
#XMR.智能策略库🥇🥇
#AMANDABELLA
#DowDrops653Points
$XMR After the crazy rally… calm before the next storm?
Technical analysis:
Current price: $604.49
We can see that $XMR rose to $660, then underwent a sharp correction, touching $563.56, which is now support.
The price is currently consolidating sideways between $596 and $620 on the 4-hour timeframe.
Volume has started to decline: 6.55K = whale accumulation.
As long as it stays above $596, the trend remains bullish. A break below $563 = a pullback.
Trading plan:
1. Buy scenario:
Entry: $600–$596
Target 1: $619.5
Target 2: $640
Target 3: $658
Stop loss: $583; a 4-hour candle close below this level
2. Sell scenario:
If it breaks below $596 on high volume, sell toward $575–$565, with a stop at $604.
#XMR.智能策略库🥇🥇
#AMANDABELLA
#DowDrops653Points