Seizing the Opportunity: Long XMR Perpetual Future at $172

DELTA:XMRUSDT.P   Monero Perpetual futures, quoted,settled & margined in Tether
Bullish View on XMRUSDT


Buy XMR Perpetual future at $172

Stop Loss: $164

Target: $184

Max Profit: $12/XMR

Max Loss : $8/XMR


The recent price movement in XMR has convincingly breached the resistance level at 216, and gave a swing high of 175. Now the price is attempting to retrace towards its foundational or demand zone regions.

An encouraging sign is that XMRUSDT has maintained its support levels while retracing, further bolstering our confidence in its performance.

Examining the daily chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.