🚀 $XMR ON THE MOVE: BULLISH BREAKOUT BREWING? 🌕
Monero ($XMR ) is showing serious strength! after a massive 10.6% rally from its 24h low of 316.2, we’re currently testing the 349.8 resistance zone. 📈 The price is consolidating beautifully near the upper Bollinger Band, forming a tight compression pattern. This usually means one thing: Energy is building up for a big move! ⚡️💎
📊 MARKET INSIGHTS 📊
Consolidation Mode: 1H candles show declining volume, suggesting a "calm before the storm" as bulls gather strength. 🌬️🌪️
Capital Flow: While we see some short-term profit-taking (-641K in the last hour), the 24h net inflow remains positive at +464K, with solid 4H support. The big players are still interested! 💰🐳
🎯 THE GAME PLAN 🎯
We are looking for a strategic entry to ride the next leg up! 🏎️💨
Entry Options: * 🟢 Pullback: Wait for the 332–335 zone (MA10 confluence).
🟢 Breakout: Entry above 345 with high volume confirmation.
Stop Loss: 327 (Safety first! Just below MA20 support) 🛑🛡️
Take Profit 1: 352 🎯
Take Profit 2: 363 🚀🌌
Patience is key—watch the volume and wait for the signal! 🦅👀
⚠️ Disclaimer: Not financial advice. Always trade with a plan! 🧠✍️
#XMR #XMRUSD #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund $XMR