$XMR — Base Formation After Sharp Dip
XMR is stabilizing after a sharp dip and showing early signs of recovery from the local demand zone. Price defended the 413 area strongly and is now building a base with short-term momentum improving. RSI is recovering from lower levels and MACD is flipping back toward positive, suggesting a potential bounce continuation within the range. This is a clean reaction-based setup with tight invalidation.
Trade Setup (Long):
EP: 416
Targets:
TP1: 422
TP2: 428
TP3: 435
Stop Loss: 410
Outlook:
As long as price holds above the demand zone, upside continuation toward range highs remains favored.
#XMR #CryptoTrading #BullishSetup #Altcoins #PriceAction
XMRUSDT
Διην.
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