📊 Pair: $XMR /USDT

⏱ Timeframe: 4H

📉 Market Bias: Bearish

💡 Analysis: A notable long liquidation of approximately $36.2K at $335.21 suggests bullish positions were forced out as price moved lower. This type of event can increase short-term selling pressure and volatility.

Price is currently reacting around key support levels. If buyers fail to defend support, momentum could remain weak. A recovery above nearby resistance may help stabilize sentiment.

🎯 Trade Idea: Entry Zone: $328 – $333 TP1: $340 TP2: $347 TP3: $355 SL: $322

⚠️ Risk Note: Market is volatile, always manage risk.

Large liquidation events can create opportunities, but traders should wait for confirmation rather than reacting to a single market event.

#XMR #Monero #CryptoTrading $XMR

XMR
XMRUSDT
322.12
-3.55%