Is $XMR long a good idea above 607?
Price is holding at 607. I'm watching for buyers to defend this level. Could be wrong, that’s why I have a stop.
- Price 607 sits above the 4H EMA50 at 600, buyers still have the trend.
- Daily is up above the EMA200 at 467, backing the long idea.
- Risk 1.1% to the stop, 1.8% to TP3, that’s a decent risk-reward.
🟢 LONG · Entry 606.7–607.8 · TP 611.4 / 614.1 / 618.2 · SL 600.3
Not advice. Your risk.
Price is holding at 607. I'm watching for buyers to defend this level. Could be wrong, that’s why I have a stop.
- Price 607 sits above the 4H EMA50 at 600, buyers still have the trend.
- Daily is up above the EMA200 at 467, backing the long idea.
- Risk 1.1% to the stop, 1.8% to TP3, that’s a decent risk-reward.
🟢 LONG · Entry 606.7–607.8 · TP 611.4 / 614.1 / 618.2 · SL 600.3
Not advice. Your risk.
