$XMR USDT Perp Short Signal Setup 🚨

XMR
XMRUSDT
334.61
-3.42%

$XMR is trading at $336.87, up +2.79%, but price is facing strong rejection from higher levels and trading below key moving averages.

📉 Technical Outlook:

· MA(7): $342.32

· MA(25): $338.18

· MA(99): $330.80

Current price is trading below MA(7) and MA(25), indicating bearish pressure is building. Price attempted to rally but faced selling near $342–$346 zone. Lower highs are forming.

🎯 Short Trade Setup:

📍 Entry Zone: $337.00 – $338.50

🎯 Take Profit Targets:

· TP1: $334.50

· TP2: $332.00

· TP3: $330.00 (next support)

🛑 Stop Loss: $342.50 (above MA(7) resistance)

⚠️ Risk Note:

Price is struggling to hold above MA(25). Look for rejection from current zone or continuation of lower lows. If price reclaims MA(7), this setup becomes invalid. Strict SL recommended.

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