Monero is rallying out of a tight range as privacy demand spikes, and the next leg could finally break the recent swing low.
🟢 $XMR LONG 📈 — Trade Plan
• Entry: $547.6218 – $548.7182
• Stop: $531.7249 (-3.0%)
• Target 1: $556.3925 (+1.5%)
• Target 2: $575.5785 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character broke the descending structure, the volume delta turned bullish confirming the move, and a fair value gap lines up with a fresh order block. The market swept liquidity at the prior swing high, creating a point of interest where the order block and FVG overlap, giving the long bias a solid confluence.
A 3.0% stop loss is relatively tight, so keep leverage modest – around 2x to 3x to stay safe.
Take a partial profit at the first target as soon as price reaches the nearest resistance zone.
Not financial advice — always manage your own risk 🙏
$XMR #XMRUSDT #EarningsSeason #TradingSignals #Write2Earn
🟢 $XMR LONG 📈 — Trade Plan
• Entry: $547.6218 – $548.7182
• Stop: $531.7249 (-3.0%)
• Target 1: $556.3925 (+1.5%)
• Target 2: $575.5785 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character broke the descending structure, the volume delta turned bullish confirming the move, and a fair value gap lines up with a fresh order block. The market swept liquidity at the prior swing high, creating a point of interest where the order block and FVG overlap, giving the long bias a solid confluence.
A 3.0% stop loss is relatively tight, so keep leverage modest – around 2x to 3x to stay safe.
Take a partial profit at the first target as soon as price reaches the nearest resistance zone.
Not financial advice — always manage your own risk 🙏
$XMR #XMRUSDT #EarningsSeason #TradingSignals #Write2Earn