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【$XMR Signal】Long | Volume and Price Rise Together to Break Out of Consolidation
$XMR After breaking out of the consolidation range on the daily chart, the price and open interest rise simultaneously, showing signs of institutional entry rather than just short covering.
🎯 Direction: Long
🎯 Entry: 458.00 - 462.00
🛑 Stop Loss: 448.00 ( Rigid Stop Loss )
🚀 Target 1: 480.00
🚀 Target 2: 500.00
The price stabilizes above the key resistance zone, accompanied by a significant increase in open interest, which is a healthy breakout confirmation signal. Market sentiment indicates that buying pressure is absorbing all short-term selling, with shallow and quick pullbacks, suggesting supply exhaustion. As long as the price remains above the 455 support, the bullish structure is maintained, and the probability of testing higher liquidity zones upward is favored.
Trade here 👇 $XMR
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