I'm looking at a LONG on XMR. Price is sitting near 600 after a steady climb. Buyers are still protecting the lower zone, so the idea stays open for now.
Why this setup? XMR has been stronger than most coins while Bitcoin stays quiet. Buyers keep defending the area around 580-586. If this zone holds, price can try moving higher again.
If price closes under 573 the setup is done. Just wait for a clearer chance next time.
$XMR : short from 409.14, SL 422.25, TP 405.38. This trade. Playing it as it comes. That said, retail interest is fading alongside the price. Also, it price check: 409.14 (+0.84%).
$XMR : short triggered. For what it's worth, price continues rejecting higher levels. On top of that, playing This trade from 414.12. SL 422.25, TP 405.38. it basically sideways at 414.12.