【$XMR Signal】Pullback to Long + 4H Trend Support Confirmation

$XMR The 1H timeframe is currently oscillating around a key support zone, with buying interest in the 340-342 range. The 4H EMA50 (334.2) provides strong trend support, and the current price has pulled back from the high of 355 to around 342, approaching the 1H EMA50 (341.65) support level. The RSI 1H (45.02) indicates short-term selling pressure easing, providing a basis for a rebound.

🎯Direction: Long (Long)

🎯Entry/Order: Enter in batches within the 341.5 - 342.5 range

🛑Stop Loss: 337.5 (Break below previous low support and 4H EMA50)

🚀Target 1: 348.0 (Previous hourly resistance)

🚀Target 2: 355.0 (Near previous high, 4H resistance)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Overall still in 4H consolidation, waiting for clearer breakout signals)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position toward Target 2. If the price stalls at Target 1 and falls back, breaking the trailing stop, exit all positions.

Depth Logic: Market depth shows buy orders concentrated around 342.2-342.3, forming a micro support. Open interest (OI) remains stable, not significantly decreasing during the pullback, indicating that bullish traders are not panicking. The buy/sell ratio on the 1H chart surged to 0.76 in the latest candle, showing increased short-term buying strength. Combined with the 4H upward trendline support, this position offers a favorable risk-reward ratio for a rebound.

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