XMR is stretched — late longs getting trapped up here.

SHORT $XMR

Entry: 700 – 710

SL: 730

TP1: 660

TP2: 620

$XMR ran straight into a heavy resistance zone after an extended push. Price is stalling with clear rejection on LTF, momentum fading and no follow-through from buyers. This looks more like distribution at the highs than continuation — pullback risk is high while below the top.

XMRUSDT

Perp

696.77

-2.14%