$XMR
/USDT
Market Insight:
$XMR is consolidating after a recent bounce, trading around $296.27 near its 24h high of $301.98. Momentum is leaning bullish as long as price holds above the mid-range supports, but overhead resistance at $303 is key.
Entry Zone:
$292 – $296 (scalp/early entry)
$289 – $284 (stronger demand zone for safer entries)
Targets:
$303 – first resistance / breakout level
$310 – continuation target if momentum sustains
$318 – extended bullish target
Stop Loss:
Below $281 (major support break would invalidate bullish structure)
Key Levels:
Support: $292, $289, $284, $281
Resistance: $303, $310, $318
Pivot Zone: $296 – $298 (short-term decision area)
Pro Tip:
If XMR closes a 4H candle above $303, it could trigger a breakout rally toward $310+. Until then, expect sideways movement between $289 – $303. Scaling into positions near supports gives a better risk/reward.
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