Monero is perched just below the 165 resistance after a tight consolidation. A break could trigger a swift swing higher.
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🟢 $XMR LONG 📈
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📍 Entry Range: $522.3471 – $523.3929
🛑 Stop Loss: $507.1839 (-3.0%)
🎯 TP1: $530.7130 (+1.5%)
🏆 TP2: $549.0135 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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The market structure broke higher (CHoCH) as price snapped above the prior swing low, while CVD turned bullish confirming buying pressure. A fair value gap aligns with an order block, creating a POI where the OB and FVG overlap, reinforcing the long bias.
A 3.0% stop at 5.00 risk on a 165 entry means a 3x leverage keeps the position within a safe 10% equity drawdown.
Consider taking half profit around 180, the first target zone.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XMR #XMRUSDT #CPIWatch #TradingSignals #Write2Earn
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🟢 $XMR LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $522.3471 – $523.3929
🛑 Stop Loss: $507.1839 (-3.0%)
🎯 TP1: $530.7130 (+1.5%)
🏆 TP2: $549.0135 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke higher (CHoCH) as price snapped above the prior swing low, while CVD turned bullish confirming buying pressure. A fair value gap aligns with an order block, creating a POI where the OB and FVG overlap, reinforcing the long bias.
A 3.0% stop at 5.00 risk on a 165 entry means a 3x leverage keeps the position within a safe 10% equity drawdown.
Consider taking half profit around 180, the first target zone.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$XMR #XMRUSDT #CPIWatch #TradingSignals #Write2Earn