A 3% stop loss on a 2x leveraged long caps risk at about 1.5% of the account, and XMR is holding just above the 180âday moving average, showing early signs of a bounce.
đą $XMR LONG đ
Entry â $551.5779-$552.6821
Stop â $535.5661 (-3.0%)
TP1 â $560.4119 (+1.5%)
TP2 â $579.7365 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke lower highs (CHoCH) and volume surged (CVD) confirming buying pressure. A fairâvalue gap lines up with a strong order block, and the overlap creates a point of interest, giving a clean confluence for a long entry.
The 3% SL is relatively tight for this volatility, so stick to 1â2x leverage to keep the risk manageable.
Take half profit when price reaches the first target around the next resistance level.
Not financial advice â trade only what you can afford to lose đ
$XMR #XMRUSDT #USWeighsPromotingDollarStablecoinsAbroad #TradingSignals #Write2Earn
đą $XMR LONG đ
Entry â $551.5779-$552.6821
Stop â $535.5661 (-3.0%)
TP1 â $560.4119 (+1.5%)
TP2 â $579.7365 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure broke lower highs (CHoCH) and volume surged (CVD) confirming buying pressure. A fairâvalue gap lines up with a strong order block, and the overlap creates a point of interest, giving a clean confluence for a long entry.
The 3% SL is relatively tight for this volatility, so stick to 1â2x leverage to keep the risk manageable.
Take half profit when price reaches the first target around the next resistance level.
Not financial advice â trade only what you can afford to lose đ
$XMR #XMRUSDT #USWeighsPromotingDollarStablecoinsAbroad #TradingSignals #Write2Earn