Currency $XMR

XMRUSDT

Perp

326.61

-1.42%

(Monero) is now testing a very strong support area. The king of privacy is currently in a consolidation phase after a significant drop, and the chart shows signs of an upcoming price explosion resembling a spring. If this support holds, we might see a rocket launch towards the previous peaks.

$XMR Buy (Long)

Entry: 325.00 - 328.50

Targets: 345, 380, 450, 520

Stop Loss (SL): 312.00

Leverage: 3x - 5x (Isolated)

Reason:

The price is currently touching the bottom of a historical support area. Selling pressure has begun to decrease, which means buyers are starting to regain control. This trade offers a very high profit compared to the minimal risk in case the support breaks downwards.

$XMR Are you ready for the next wave at 180%?