🔥$XMR Bullish consolidation

• Formation of higher lows from 455.9 (24H low) to current 484.2, with consolidation near upper Bollinger Band.

• Recent breakout above 482.6 (upper Bollinger) needs confirmation with sustained volume.

• Recent 1h candles show increasing volume during upward moves at 482.7, supporting bullish momentum.

• Capital Flow: Strong institutional accumulation shown by 4H (679K) and 1H (410K) net inflows,

Entry long $XMR

• Ideal: Pullback to 477-480 USDT (previous resistance turned support)

• Aggressive: Break above 485.1 (24H high) with volume

Stop-Loss: 464-467 USDT range, aligning with support

Targets $XMR

• Primary: 496 USDT (Resistance)

• Secondary: 508 USDT (next resistance)

Support me just Click below to Trade 👇 Cheers.

XMR
XMRUSDT
441.92
-6.53%

#xmr #xmrusdt #monero