【$XMR Signal】Long | Healthy Reset After Accumulation
$XMR After experiencing a volume-driven rally, the price consolidates tightly below the previous high resistance zone, showing a healthy reset pattern.
🎯Direction: Long
🎯Entry: 326.50 - 328.50
🛑Stop Loss: 322.00 (Rigid Stop Loss)
🚀Target 1: 337.50
🚀Target 2: 345.00
Market Logic: On the 4H chart, after breaking through the 322-336 range, the price consolidates in a narrow range at a high level. Key points are: 1) Volume diminishes during consolidation, indicating exhausted selling pressure; 2) Taker continues to net buy, showing main funds are still absorbing chips; 3) Open interest remains stable, not a short squeeze, but bullish buildup. There is dense buy order accumulation in the 327.7-327.8 range, forming a strong support. The current consolidation is a healthy digestion of the previous rally. As long as it does not break below the key demand zone, a breakout above the previous high is highly probable.
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【$XMR Signal】Long | Healthy Reset After Accumulation
$XMR After experiencing a volume-driven rally, the price consolidates tightly below the previous high resistance zone, showing a healthy reset pattern.
🎯Direction: Long
🎯Entry: 326.50 - 328.50
🛑Stop Loss: 322.00 (Rigid Stop Loss)
🚀Target 1: 337.50
🚀Target 2: 345.00
Market Logic: On the 4H chart, after breaking through the 322-336 range, the price consolidates in a narrow range at a high level. Key points are: 1) Volume diminishes during consolidation, indicating exhausted selling pressure; 2) Taker continues to net buy, showing main funds are still absorbing chips; 3) Open interest remains stable, not a short squeeze, but bullish buildup. There is dense buy order accumulation in the 327.7-327.8 range, forming a strong support. The current consolidation is a healthy digestion of the previous rally. As long as it does not break below the key demand zone, a breakout above the previous high is highly probable.
Trade here 👇 $XMR
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