$XMR Technical Outlook — Bullish Consolidation

$XMR is currently displaying a constructive bullish structure following a period of consolidation.
Price recently faced rejection at 390.72 (24h high), forming a potential pin bar, suggesting temporary supply at this level.
Market structure remains bullish with higher lows holding firmly above the 368 support zone.
Volume profile indicates strong accumulation between 375–385, reinforcing this area as a key demand zone.
Recent 1H candles show increased volume on upward moves, supporting continued bullish momentum.
Capital Flow Analysis
24H Net Inflow: +1.045M USDT
4H / 12H Inflows: +307K / 477K USDT
These sustained positive inflows suggest ongoing institutional accumulation.
Trade Plan — Long $XMR
Entry Zones
Ideal Entry: 382–384 (MA20 retest & support confirmation)
Aggressive Entry: ~385.4 with a tight risk setup
Stop Loss
375, below key support and MA20
Take Profit Targets
TP1: 392–395 (Resistance / Upper Bollinger Band test)
TP2: 398–402 (Major resistance zone)
Momentum remains constructive while price holds above support. A confirmed breakout from consolidation could open the door for continuation toward higher resistance levels.
👉 Support by clicking “Trade” below