$XMR is absorbing the news of being rejected at the 600 level and is currently consolidating above the key short-term support level. Although there was a pullback, the price is still holding above the stronger structure and is being supported by the rising averages, and this pullback might be a correction in the trend. So, as long as this level is held, another rise is expected.
Entry Zone: 565 – 575
Take-Profit 1: 590
Take-Profit 2: 615
Take-Profit 3: 650
Stop-Loss: 540
Leverage (Suggested): 3–5X
Bias remains positive while price remains above levels of support. Volatility around previous highs can be expected, and trimming profits and prudent risk management are advised.
#WriteToEarnUpgrade #BinanceHODLerBREV #SolanaETFInflows #XMR
