🔻 $XMR Short | Overextension at Resistance
$XMR looks overextended, and late longs are getting squeezed. Price has pushed straight into a major resistance zone, with LTF rejection and slowing momentum — signs of distribution, not continuation.
📌 Trade Plan (Short Bias):
Entry Zone: 700 – 710
Stop-Loss: 730
🎯 Targets:
TP1: 660
TP2: 620
📉 Bias:
As long as price stays below the highs, risk favors a pullback rather than upside continuation.
Trade accordingly. Manage risk. 💡
