$XMR
Recent data shows a $22.786K long liquidation at $325.95. This confirms that late buyers were forced out near local support, indicating downside pressure and weak hands being cleared. The structure currently favors bearish continuation unless price reclaims the liquidation level with strength.
Market Structure & Liquidity: Price rejected near the $325.95 zone where long liquidity was flushed. That level now acts as short-term resistance. The structure shows lower highs forming, and momentum has shifted to the downside after the liquidation event. Liquidity below recent swing lows is still untapped, making a further downside sweep likely.
Bias: Bearish continuation below $325.95.
EP (Entry Price): $323.00 – $326.00 rejection zone
TP1: $312.00
TP2: $305.00
TP3: $298.00
SL: $333.50
Current trend strength is weakening with clear lower high formation after the liquidation spike.
Momentum favors sellers as long positions were forced out and price failed to reclaim $325.95.
Liquidity sits below $312.00 and $305.00, increasing probability of continuation toward those targets.
