šŸ“ˆ $XMR /USDT – 1H Chart Analysis & Trade Setup

šŸ’° Current Price: $365.87

šŸ•’ Timeframe: 1H

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šŸ” Technical Analysis

Recent Trend: Sharp recovery from $313.52 low, reclaiming $365 zone with strong momentum.

Moving Averages:

MA-7: $361.75 (short-term bullish crossover)

MA-25: $347.63

MA-99: $333.62

Volume Spike: Strong bullish volume supports the breakout.

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šŸ”‘ Key Levels

Resistance:

$379 – Near-term resistance

$402 – Major resistance zone

Support:

$355 – Local support (prior resistance flipped)

$333 – MA-99 and demand zone

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āš™ļø Possible Trade Setup

āœ… Bullish Scenario:

If price holds above $355 support, a retest of $379 and possibly $402 is likely.

Entry: $358–362 on retest

Target: $379 / $402

SL: Below $347

āŒ Bearish Breakdown:

If price breaks below $347, watch for a drop back toward $333.

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šŸ“Œ Final Thought

XMR shows strong recovery momentum with bullish structure building up. Watch for volume confirmation and support holding at $355–$347 for continuation.

🧠 Stay disciplined. Risk management is key.

#CEXvsDEX101 #TradingTypes101 #SaylorBTCPurchase

$XMR