XMR - Monero is gonna explode soon
2024-06-19

#XMR/USDT #Analysis
Description 
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+ The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes).
+ We can consider entering a long trade once the price retraces.
+ There is good potential in the bull run if the price bounces back after reaching the support zone.
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 VectorAlgo Trade Details 
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Entry Price: 170.1 - 152.88
Stop Loss: 95.96
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Target 1: 183.27
Target 2: 240.56
Target 3: 295.61
Target 4: 370.83
Target 5: 469.02
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Timeframe: 1M
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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 Enhance, Trade, Grow  
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Best Regards,
VectorAlgo