$XMR

šŸš€ XMR/USDT – Breakout Continuation Long Setup

šŸ• Timeframe: 1H

šŸ’° Current Price: $404.24

šŸ“Š Trend Context: Strong bullish trend with parabolic leg; recent consolidation suggests possible continuation if volume confirms.


🟩 Entry Plan (Long):

šŸ“Œ Entry Zone:

$400 – $408

Look for continuation breakout above $408 or dip to $400 with support


šŸŽÆ Take-Profit Targets:

šŸŽÆ TP1: $420

šŸŽÆ TP2: $445

šŸŽÆ TP3: $470


šŸ›”ļø Stop-Loss:

šŸ”» SL: $388 (below recent consolidation base)
āš–ļø Risk-Reward Tip:

Entry: $404 | SL: $388

TP2: $455 → Risk:Reward ā‰ˆ 3.2:1

šŸ“ˆ Consider trailing stop after TP1 to lock in gains


āœ… Confirmation Triggers:

šŸ”ø Bullish engulfing or breakout candle on volume > average

šŸ”ø BTC holding or trending upward

šŸ”ø No rejection at $408 zone


šŸ”„ Signal Strength:

High – Strong momentum, volume-supported trend, and no immediate resistance overhead