🚀 XMR/USDT Analysis: Bullish Momentum Brewing
The chart is flashing signs of a strong comeback! Here is the breakdown of why $XMR is looking ready for a breakout:
📊 Technical Insights
Price Action: Successfully forming a Higher Lows structure from the $368 support zone.
Candlestick Pattern: Recent rejection at $390.72 formed a pin bar, leading into a healthy consolidation phase.
Volume Profile: Solid accumulation detected in the $375–$385 range.
Momentum: 1H candles show volume expansion on green moves, confirming buyers are stepping in.
💰 Smart Money Flow
Net Inflow (24h): +1.045M USDT 🔥
Short-term Flow (4H/12H): Strong positive trend (+307K / +477K), suggesting institutional accumulation.
⚡ The Trade Setup
🎯 Entry Zone:
Optimal: $382.00 – $384.00 (MA20 Support Retest)
Aggressive: Market Price (~$385.4)
🛡️ Stop Loss: $375.00 (Below key support & MA20)
🚀 Take Profit Targets:
TP 1: $392.00 – $395.00 (Initial Resistance)
TP 2: $398.00 – $402.00 (Major Supply Zone)
Ready to ride the wave? 🌊
#rmr