$XMR – Fade-the-Rally Short Setup

XMR is printing a corrective rebound into resistance following a strong sell-off, favoring a fade-the-rally short bias.

On the 30m timeframe, price bounced from 445.47 but remains below the EMA99 (~480), maintaining a lower-high structure from 509. Short-term EMAs (7/25) are rising into overhead supply, suggesting the move is corrective within a broader bearish trend.

Short Entry Zone: 468.00 – 475.00

Stop Loss: 485.00

Targets:

TP1: 455.00

TP2: 445.50

TP3: 430.00

Bias remains bearish while price trades below EMA99. Downside continuation is favored if price fails to reclaim 475 with strong momentum.$XMR #Mag7Earnings #xmr👀

XMR
XMRUSDT
320.62
+0.51%