🔥 $XMR Bearish consolidation but I'd consider scalp Long on 1-hour timeframe

• Key rejection visible at 498.9 (24h high) with subsequent breakdown below 470.

• Recent formation of higher lows near 424-440 zone suggests potential base formation.

• Multiple long wicks below 440, indicate strong buying interest at lower levels.

• Recent candles show increasing volume during upside moves, and declining volume during dips, suggesting accumulation near lows.

Entry long $XMR

• Primary: Near 441-445 support zone with volume confirmation

• Secondary: Break above 463 (recent swing high) with volume

Stop-Loss: 427-430 zone, considering ATR=12.2

Target Levels $XMR

• Initial: 470.7

• Secondary: 480.6

Support me just Click Trade here👇

XMR
XMRUSDT
433.26
-9.33%

#xmr #xmrusdt #monero