$XMR XMR/USDT Analysis (4H Timeframe)
Current Price: $504.87 (-2.24%)
Technical Trend: Bullish macro structure currently undergoing a healthy corrective pullback after peaking at $550.00.
Support Levels: $492.61 (MA30 / Key Structural Support), $483.37 (24h Low), $466.80 (Lower Horizon Support)
Resistance Levels: $509.23 (MA5), $515.55 (MA10), $531.03 (24h High)
Fair Value Gap (FVG): Bullish FVG sitting between $475.00 – $490.00 from the impulsive move upward.
Next Expected Movement: Pullback toward the MA30 line ($492.60) to fill remaining buy liquidity before attempting another leg up.
Next Entry Idea:
Long Entry: Dip-buying entry around the MA30 support zone at $488.00 – $493.00 targeting $525.00+.
Short Entry: Counter-trend trade if price fails at resistance $515.00 – $520.00.
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