【$XMR Signal】Pullback Long + 1H Level RSI Bullish Divergence Setup
The 1H timeframe is consolidating with decreasing volume in the 324-328 range. RSI$XMR 1H( shows signs of bullish divergence, with the price making new lows but the indicator not confirming, indicating short-term selling pressure is weakening. The 4H price has broken below the EMA20, but EMA50 (334.13) acts as the first resistance above, and the overall trend remains in a weak rebound phase within a downtrend channel. Currently, buy orders are concentrated around 326.5, while sell pressure above 326.6 is dispersed, indicating slight imbalance.
🎯Direction: Long )Long(
⚡Entry/Order: 326.0 - 326.5
🛑Stop Loss: 323.5
🚀Target 1: 332.0
🚀Target 2: 336.0
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry level (326.5). Hold the remaining position for Target 2. If the price encounters resistance near Target 1 and falls back, breaking the trailing stop, exit all positions.
)Depth Logic: The 1H RSI(37.61( is near oversold territory and shows bullish divergence, serving as an early signal for a short-term rebound. Although the 4H trend is weak and buy volume is relatively low, open interest)OI( remains stable without panic selling. With ATR)14( at 9.05, setting a stop loss within $3.5 makes risk manageable. The recent lows around 324, tested multiple times, form a key support level. )
View real-time market 👇 ) ---
Follow me: Get more real-time analysis and insights on the crypto market! $XMR $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$XMR Signal】Pullback Long + 1H Level RSI Bullish Divergence Setup
The 1H timeframe is consolidating with decreasing volume in the 324-328 range. RSI$XMR 1H( shows signs of bullish divergence, with the price making new lows but the indicator not confirming, indicating short-term selling pressure is weakening. The 4H price has broken below the EMA20, but EMA50 (334.13) acts as the first resistance above, and the overall trend remains in a weak rebound phase within a downtrend channel. Currently, buy orders are concentrated around 326.5, while sell pressure above 326.6 is dispersed, indicating slight imbalance.
🎯Direction: Long )Long(
⚡Entry/Order: 326.0 - 326.5
🛑Stop Loss: 323.5
🚀Target 1: 332.0
🚀Target 2: 336.0
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry level (326.5). Hold the remaining position for Target 2. If the price encounters resistance near Target 1 and falls back, breaking the trailing stop, exit all positions.
)Depth Logic: The 1H RSI(37.61( is near oversold territory and shows bullish divergence, serving as an early signal for a short-term rebound. Although the 4H trend is weak and buy volume is relatively low, open interest)OI( remains stable without panic selling. With ATR)14( at 9.05, setting a stop loss within $3.5 makes risk manageable. The recent lows around 324, tested multiple times, form a key support level. )
View real-time market 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market! $XMR
$BTC $ETH