$XMR USDT Perp – Technical Analysis

Current Price: ~709

Timeframe Focus: 4H / 1D

Trend Bias: Bullish continuation (with pullback risk)

📈 Market Structure

XMR is trading well above the key demand zone (526 – 560), confirming a strong bullish market structure.

The recent push toward 800.87 was a liquidity sweep + rejection, which caused the current pullback.

As long as price holds above 650–670, the bullish bias remains intact.

🔑 Key Levels

Major Resistance:

780 – 805 (previous high & supply zone)

Immediate Resistance:

740 – 755

Support Zones:

670 – 690 (intraday demand)

620 – 650 (strong swing support)

526 (major HTF demand – invalidation area)