Monero is tightening its range as Bitcoin’s rally stalls, and the market’s appetite for privacy coins is fading fast.
🔴 $XMR SHORT 📉
Entry → $609.9594-$611.1806
Stop → $628.8871 (-3.0%)
TP1 → $601.4115 (+1.5%)
TP2 → $580.0415 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the downtrend swing, and the cumulative volume delta turned sharply negative, confirming the bias. The fair value gap sits right above the recent order block, and a liquidity sweep hammered the nearest demand zone, giving a clean point of interest where the order block and FVG overlap.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 3x to avoid a margin call.
Take half the position off at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$XMR #XMRUSDT #THORChain #TradingSignals #Write2Earn
🔴 $XMR SHORT 📉
Entry → $609.9594-$611.1806
Stop → $628.8871 (-3.0%)
TP1 → $601.4115 (+1.5%)
TP2 → $580.0415 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the downtrend swing, and the cumulative volume delta turned sharply negative, confirming the bias. The fair value gap sits right above the recent order block, and a liquidity sweep hammered the nearest demand zone, giving a clean point of interest where the order block and FVG overlap.
A 3 % stop is relatively tight on this swing, so keep leverage at or below 3x to avoid a margin call.
Take half the position off at the first target to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$XMR #XMRUSDT #THORChain #TradingSignals #Write2Earn