๐ข BUY SIGNAL โ $XMR | Score: 33/100 | LOW
A bullish wedge is forming around $118.70, with the price reclaiming the prior swing low and eyeing a retest.
Entry: $118.11 โ $118.94
TP1: $122.85
TP2: $128.79
TP3: $136.51
SL: $113.48
Monero is currently nesting in a tight accumulation zone between $117.80 and $119.30, where buyers are quietly consolidating. The last 24โhour volume hit 574.68โฏK, a modest uptick that signals a potential demand buildโup after a recent pullโback. Price action shows a series of higher lows, hinting that the downโtrend wedge may be losing steam. If the market respects this pocket, we could see a breakout toward the next resistance cluster. The setup feels ripe for a measured swing
A bullish wedge is forming around $118.70, with the price reclaiming the prior swing low and eyeing a retest.
Entry: $118.11 โ $118.94
TP1: $122.85
TP2: $128.79
TP3: $136.51
SL: $113.48
Monero is currently nesting in a tight accumulation zone between $117.80 and $119.30, where buyers are quietly consolidating. The last 24โhour volume hit 574.68โฏK, a modest uptick that signals a potential demand buildโup after a recent pullโback. Price action shows a series of higher lows, hinting that the downโtrend wedge may be losing steam. If the market respects this pocket, we could see a breakout toward the next resistance cluster. The setup feels ripe for a measured swing