$XMR is showing a potential bullish continuation setup after $1.2301K in short liquidations near $645.72. Buyers are maintaining the broader upward structure, but entering directly into the recent high could offer poor risk-to-reward.
EP: $625–$632
TP1: $640
TP2: $650
TP3: $665
SL: $615
The $645–$646 area is the first major liquidity and resistance zone, while a clean breakout could open the way toward $650 and $665. Wait for buyers to defend the entry zone; a break below $615 would invalidate the bullish structure
EP: $625–$632
TP1: $640
TP2: $650
TP3: $665
SL: $615
The $645–$646 area is the first major liquidity and resistance zone, while a clean breakout could open the way toward $650 and $665. Wait for buyers to defend the entry zone; a break below $615 would invalidate the bullish structure