【$XMR Signal】Long - 1H breakout pullback confirmation, clear signs of main force supporting the market
$XMR The 1H timeframe is consolidating strongly above EMA20 (353.5), just tested the previous high at 356.5. The 4H timeframe has stabilized above EMA20 (346) and broken through the downward trendline, forming a short-term upward structure. Price rally accompanied by stable open interest, market logic suggests main force entering or short sellers stepping on the brakes, combined with the depth advantage (bid_ask_ratio_depth: 1.37), bullish momentum is building.
🎯Direction: Long (Long)
🎯Entry/Order: 356.0 - 356.5 (Reason: 1H EMA20 support zone and breakout pullback confirmation )
🛑Stop Loss: 349.5 (Reason: Break below 4H EMA20 and previous swing low support )
🚀Target 1: 365.0 (Reason: 4H previous high resistance level )
🚀Target 2: 375.0 (Reason: 1.618 Fibonacci extension level and previous accumulation zone on the daily chart )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 1H/4H cycle resonance, strong buy support in the order book )
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry level (356.5). Trailing stop for remaining position; if 1H close drops below EMA20 (353.5), exit all.
Depth logic: OI remains stable, price has risen without significant pullback, indicating strong bullish confidence. 1H RSI (58.79) is in healthy bullish territory, with room to move higher. Order book imbalance reaches 15.74%, with obvious buy accumulation (dense buy orders around 356.8), providing immediate support. The 4H has closed bullish consecutively, breaking through the recent consolidation upper boundary, momentum is expected to continue.
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【$XMR Signal】Long - 1H breakout pullback confirmation, clear signs of main force supporting the market
$XMR The 1H timeframe is consolidating strongly above EMA20 (353.5), just tested the previous high at 356.5. The 4H timeframe has stabilized above EMA20 (346) and broken through the downward trendline, forming a short-term upward structure. Price rally accompanied by stable open interest, market logic suggests main force entering or short sellers stepping on the brakes, combined with the depth advantage (bid_ask_ratio_depth: 1.37), bullish momentum is building.
🎯Direction: Long (Long)
🎯Entry/Order: 356.0 - 356.5 (Reason: 1H EMA20 support zone and breakout pullback confirmation )
🛑Stop Loss: 349.5 (Reason: Break below 4H EMA20 and previous swing low support )
🚀Target 1: 365.0 (Reason: 4H previous high resistance level )
🚀Target 2: 375.0 (Reason: 1.618 Fibonacci extension level and previous accumulation zone on the daily chart )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 1H/4H cycle resonance, strong buy support in the order book )
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry level (356.5). Trailing stop for remaining position; if 1H close drops below EMA20 (353.5), exit all.
Depth logic: OI remains stable, price has risen without significant pullback, indicating strong bullish confidence. 1H RSI (58.79) is in healthy bullish territory, with room to move higher. Order book imbalance reaches 15.74%, with obvious buy accumulation (dense buy orders around 356.8), providing immediate support. The 4H has closed bullish consecutively, breaking through the recent consolidation upper boundary, momentum is expected to continue.
Trade here 👇 $XMR
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