$XMR 📉
Monero is showing weakness well before any major Mt. Gox-related selling pressure has even entered the picture. I’ve taken a short position around 365.42, as the recent bounce failed to demonstrate convincing strength. If buyers can't reclaim and sustain levels above 378, it signals fading momentum on the bullish side.
🛑 Stop Loss: 376.38
🎯 Target 1: 354.46
🎯 Target 2: 351.16
🎯 Final Target: 340.06
The structure currently favors sellers, and this retracement could offer further downside opportunities if resistance continues to hold. Stay disciplined and manage risk accordingly. 👇🔥
$SPCX $TRUMP
#QAIT #altcoins #Trading #PostonTradFi #ETHETFsApproved
Monero is showing weakness well before any major Mt. Gox-related selling pressure has even entered the picture. I’ve taken a short position around 365.42, as the recent bounce failed to demonstrate convincing strength. If buyers can't reclaim and sustain levels above 378, it signals fading momentum on the bullish side.
🛑 Stop Loss: 376.38
🎯 Target 1: 354.46
🎯 Target 2: 351.16
🎯 Final Target: 340.06
The structure currently favors sellers, and this retracement could offer further downside opportunities if resistance continues to hold. Stay disciplined and manage risk accordingly. 👇🔥
$SPCX $TRUMP
#QAIT #altcoins #Trading #PostonTradFi #ETHETFsApproved