$XMR USDT

Monero (XMR) is trading in a bearish short-term structure after a recent decline, indicating potential downside momentum with weakening volume. The market is showing a pullback phase within a descending channel.

Key Levels:

Support: 337.95

Major Support: 335.00

Resistance: 342.50

Breakout: 345.00

Trade Setups:

Pullback Long (340.80 entry, TP1 342.00, TP2 343.50, TP3 345.00, SL 338.50)

Breakout Long (345.10 entry, TP1 348.00, TP2 350.00, SL 343.00)

Range Short if rejection (341.50 entry, TP1 339.00, TP2 337.50, SL 343.00)

Wait for volume confirmation before breakout entries.

Trade Here 👇

XMR
XMRUSDT
344.54
+1.60%

#XMR