📊 $XMR /USDT – 1H Analysis
XMR is currently trading around $410.77 after facing multiple rejections from the $418–$422 resistance zone.
The previous rising structure is showing weakness, and price is now trading below the recent trend support.
📉 Bearish Scenario: If XMR stays below $418–$422 and breaks the $409–$410 area, selling pressure could push price toward $405, followed by the psychological $400 zone.
⚠️ Invalidation: A strong 1H close above $422 would weaken this bearish outlook.
Wait for confirmation before taking a position. Always use Stop Loss and proper risk management.
#XMR #XMRUSDT #Crypto #Trading #Binance
XMR is currently trading around $410.77 after facing multiple rejections from the $418–$422 resistance zone.
The previous rising structure is showing weakness, and price is now trading below the recent trend support.
📉 Bearish Scenario: If XMR stays below $418–$422 and breaks the $409–$410 area, selling pressure could push price toward $405, followed by the psychological $400 zone.
⚠️ Invalidation: A strong 1H close above $422 would weaken this bearish outlook.
Wait for confirmation before taking a position. Always use Stop Loss and proper risk management.
#XMR #XMRUSDT #Crypto #Trading #Binance