๐ฅโ๏ธ $XMR SHORT SETUP โ SELL WALL HOLDING STRONG โ๏ธ๐ฅ
Monero just marched back into supply, but the market isnโt buying the breakout narrative โ itโs rejecting it.
The tape is saying it loud: upside acceptance is missing. ๐
๐งฑ Structure Breakdown
$XMR bounced hard, but every push into higher ground is: โ getting sold into faster
โ failing to find buyers above
โ showing zero follow-through
Price is parked inside a prior distribution zone, and until it proves otherwise, it looks like rotation back down, not expansion up.
๐ฏ SHORT TRADE LEVELS
๐ฅ Entry Zone: 705 โ 715
๐ก Stop-Loss: 740 (invalidate the setup)
๐ฏ Targets:
โข TP1 โ 670
โข TP2 โ 630
Clean asymmetric setup: tight risk, wide reward.
๐ Why the Short Bias Holds
๐ป Momentum is flattening
๐ป Buyers arenโt defending spikes
๐ป Price refuses to build acceptance above supply
๐ป Volume is reactive, not proactive
As long as 705โ715 caps price, odds favor rotation back to range lows, not a breakout run.
๐งจ Trade Logic
This isnโt chasing weakness โ itโs fading failed strength.
When a market rallies into supply and rolls over, the cleanest trades come from: ๐ฃ Selling into resistance
๐ฃ Risk defined above the ceiling
๐ฃ Riding the unwind back to balance
๐ Final Call
Until $XMR can hold above 740, the high-side story is fantasy.
Play the chart, not the hope.
Short the shelf, target the floor โ simple, clean, disciplined.
๐ Execute the plan
SHORT $XMR
Entry 705โ715 | SL 740 | TP 670 & 630
๐โ๏ธ
#XMR #CryptoShorts #MarketStructure #RiskDefined #TradeTheTape