I'm watching a LONG on $XMR here 🚀
Entry: $582–590
TP: $600 / $609 / $620
SL: $574
You know why I'm leaning LONG on XMR?
Because that explosive move toward $609 wasn't just a small bounce. Price broke above the previous consolidation zone with strong bullish momentum, and the EMA structure is now aligned bullishly: EMA 7 at $580.92, EMA 25 at $564.72, and EMA 99 at $550.10.
Here's the important part.
After hitting $609, price pulled back toward the short-term EMA and is now attempting to recover. If buyers defend the $580 area, that pullback could become a continuation setup rather than a full reversal.
I'm watching $600 first, then a retest of $609 and potentially $620 if momentum continues.
The key is holding support not chasing the breakout. If XMR loses $574, this long setup weakens.
Entry: $582–590
TP: $600 / $609 / $620
SL: $574
You know why I'm leaning LONG on XMR?
Because that explosive move toward $609 wasn't just a small bounce. Price broke above the previous consolidation zone with strong bullish momentum, and the EMA structure is now aligned bullishly: EMA 7 at $580.92, EMA 25 at $564.72, and EMA 99 at $550.10.
Here's the important part.
After hitting $609, price pulled back toward the short-term EMA and is now attempting to recover. If buyers defend the $580 area, that pullback could become a continuation setup rather than a full reversal.
I'm watching $600 first, then a retest of $609 and potentially $620 if momentum continues.
The key is holding support not chasing the breakout. If XMR loses $574, this long setup weakens.