$XMR Downtrend 📉
The hourly chart shows a clear bearish market structure, with consistent lower highs and lower lows, confirming sellers remain in control.
RSI:
RSI6 (30), RSI12 (32), RSI14 (33), and RSI24 (36) are all deeply oversold (below 40). This reflects strong selling pressure, though it also opens the door for a short-term relief bounce before the next move.
Capital Flow:
Futures market data shows net capital outflows across multiple timeframes, signaling sustained bearish sentiment. While the 30m flow shows a brief +579K inflow, it’s minor compared to the larger outflows on higher timeframes—overall pressure remains to the downside.
Short TRADE Setup – $XMR
Entry ( 408–412, )
• Breakdown below 391 with confirmation
Stop-Loss: 422–425 (≈3.5% above entry)
Targets:
• Primary: 388 (key support)
• Secondary: 373 (lower support)
