$XMR Bullish Breakout Setup
A short liquidation at $607.05 ($2.16K) shows sellers getting squeezed, often an early sign that upside momentum is taking control.
Key Levels
Support: $600 – $590
Breakout Zone: $612 – $620
Resistance: $640 – $670
Trade Setup (Long Bias)
Entry: Hold above $607, or breakout acceptance over $620
Targets:
TP1: $640
TP2: $670
TP3: $710
Stop Loss: Below $585
Market Sentiment
Short squeeze has reduced sell pressure and shifted control to the bulls. If $XMR sustains above the breakout zone with volume, continuation toward higher liquidity levels is favored.
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XMRUSDT
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