⚠️ $XMR — THIS IS NOT A RECOVERY, IT’S A TRAP ⚠️
Don’t let the bounce fool you.
$XMR already dumped hard from the 720–730 zone, and what followed was not strength — it was a weak reaction. The bounce from 657 lacked follow-through, volume dried up, and price is now printing lower highs. That’s a clear signal:
👉 Sellers are still in control
👉 This is a dead-cat bounce inside a bearish structure
Every attempt to move higher is getting sold into. The market isn’t healing — it’s bleeding slowly.
🔴 Key Structure & Supply
Major Supply Zone: 680 – 690
This is where sellers are waiting patiently.
Bias: Bearish below supply
Momentum: Weak on higher timeframes
As long as price stays below 680–690, any upside move is just a pullback, not a trend change. Shorts make more sense than hopeful longs.
❌ Invalidation (Know When You’re Wrong)
A strong hold above 695–700 completely kills the short idea.
No ego. No revenge trading. Just step aside.
🎯 Scalp Trade Plan
Position: 🔻 Short
Entry Zone: 680 – 690
• Ideal rejection
• Look for exhaustion or bearish candles
Targets:
🥇 TP1: 665
🥈 TP2: 650
Stop Loss: 700 (clean and defined)
Leverage: 10x – 20x
Margin: 1% – 3%
🧠 Risk & Execution Tips
Take partial profits at TP1
Move stop to breakeven if momentum accelerates
Do not get greedy — the market punishes ego
Trade the structure, not your emotions
🩸 Market Psychology
This is classic distribution behavior.
Hope buyers are stepping in early… and getting trapped.
Smart money is selling into strength, not chasing green candles.
If price respects supply, gravity does the rest.
⚡ Patience here is power. Discipline is protection.
📉 Trade the trend. Respect the invalidation. Survive to trade another day.
#XMR #CryptoShort #BearishStructure #SupplyZone #PriceAction