XMR faced a notable long liquidation worth $1.3248K around the $437.5 level, clearing excessive leverage and creating a healthier structure for continuation. This liquidation event acted as a reset rather than a breakdown, allowing price to cool off after an extended move. Following this sweep, XMR entered a short-term consolidation phase, where selling pressure gradually weakened and buyers began to absorb supply.
From a technical standpoint, XMR is now stabilizing above an important support region, signaling that the market is preparing for a renewed push higher. The price structure is tightening, volatility is compressing, and momentum indicators suggest strength is rebuilding beneath the surface. Such conditions often lead to a bullish breakout once resistance levels are challenged with conviction, especially when liquidity has already been cleared.
Trade Setup
Entry Zone: $428.00 – $440.00
TP1: $462.00
TP2: $488.00
TP3: $520.00
Stop Loss: $405.00
Market sentiment around $XMR is shifting back toward cautious optimism as confidence returns after the liquidation flush. Traders are positioning for expansion following consolidation, favoring upside continuation as long as support holds. With disciplined risk management, the setup supports a bullish recovery scenario, where momentum can accelerate and carry $XMR toward higher targets in the coming sessions.
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