XMR/USDT – Bullish Breakout Setup
📊 Technical Overview

Current Price: $340.22

Volume: Moderate with rising green volume indicating buying strength

Support: $332

Resistance: $345 (immediate), $355 (next)

🧠 Setup Details

Market Structure: Clear bullish trend from May 5th; forming a consolidation near highs

Candle Behavior: Tight-bodied candles after a sharp move up suggest a bullish flag/pennant pattern – momentum pausing, not reversing

📝 Trade Plan

Entry: On confirmed breakout above $345

Confirmation Trigger: 4H candle close above $345 with increased volume

🎯 Targets

TP1: $355

TP2: $362

TP3: $375

🛡️ Stop-Loss

SL: $332 (below recent consolidation support)

📌 Signal Summary

Type: Breakout continuation

Risk-Reward: ~1:2.5 to 1:3.5 (depending on target)

Confidence: ⭐⭐⭐⭐☆ (strong bullish trend with healthy volume and structure)