📉🔥$XMR USDT Short Setup: Bearish Rejection at Resistance! 🔥📉📊 Trade
🔴 Entry: $471.93
🛑 Stop Loss: $482.68 🛡️
🎯 Take Profit: $446.02 🎯
Monero ($XMR) is facing strong selling pressure 🚨
Price got rejected from a key resistance zone and has started printing bearish candles, signaling a potential downside move 📉⚠️
💡 Technical Insight:
On the 1H chart, XMR shows a Lower High formation near resistance ❌📈
Increasing red candle volume confirms bearish momentum 🔻🔥
As long as price stays below $482.68, the bearish outlook remains valid with downside toward $446 📊📉
⚠️ Trading Tip:
Privacy coins can be highly volatile ⚡
Use tight stop loss and avoid emotional trading 🧠🔐
XMRUSDT
Perp
440.71
-6.61%
📉🔥