🔥 $XMR is currently showing a strong upward trend!

Recent candles have formed a doji pattern around the resistance zone of 388-390. Short-term indicators are at overbought levels (KDJ >90) and are approaching the main resistance cluster. The volume profile also indicates a decreasing participation during the price consolidation.

Regarding the capital flow, the 1H contract shows strong inflows (+494K), supporting the upward trend. However, the outflow in the 4H (-206K) indicates that there is some profit-taking activity.

**Entry Long $XMR**: 387-388 (current support convergence zone)

**Stop-Loss (SL)**: 374 (below the important support level and MA20)

**Target Price (TP) $XMR**:

* **TP1**: 396 (First resistance level)

* **TP2**: 404 (Next resistance level)

You can trade $XMR here: 👇

(XMRUSDT)

#xmr #xmrusdt #monero