📊 XMR/USDT Perpetual Trade Analysis

Current Price: $512.72 (+1.96%)

24h Range: $488.76 - $546.47

Key Level: MA60 at $512.89 (immediate resistance)

TRADE SETUP:

ENTRY ZONES:

Primary: $510 - $515 (current consolidation)

Secondary: $505 - $508 (dip opportunity)

STOP LOSS: $485 (below 24h low + psychological $490)

TAKE PROFIT TARGETS:

TP1: $530 (initial breakout)

TP2: $546 (24h high retest)

TP3: $565 (next resistance zone)

RISK PARAMETERS:

Position: 2-3% max portfolio

R/R Ratio: Minimum 1:2.5

Volume: Strong at 203M USDT (liquidity good)

KEY OBSERVATIONS:

Testing MA60 resistance at $512.89

Bounced from $488.76 support (5% bounce already)

Privacy coin momentum building

Mark price ($513.04) slightly above last price

XMR
XMRUSDT
285.81
-24.96%

#xmr👀 #Monero #TradingSetup #PrivacyCoins #BukhariTech