$XMR USDT – Pullback to Support & Potential Reversal Setup

XMRUSDT
Perp
417.1
+2.09%
XMR has pulled back from its recent high and is now testing a crucial support area near 405-403. This zone has acted as both resistance and support previously, indicating its importance. The price is consolidating, and a bounce is expected if buyers step in here.
Trade Setup (Long):
Entry:403.0 – 406.0
Target:415.0 – 425.0
Stop-Loss:398.0
