#XMR Trade Setup — 15M Chart

XMR is trading around 518, with price recently testing the 519.45 resistance area. This zone is important because it marks the current local high after a steady intraday recovery.

Buyers have maintained the short-term bullish structure, but the rejection from 519.45 shows sellers are still active near the highs. My focus is on whether buyers can defend the 516–517 support area and make another attempt at the resistance.

A clean break and hold above 519.45 could open the way toward the next upside area. If support fails and price slips below the recent higher-low structure, the bullish setup would need to be reassessed.

Trade Setup:

Entry Zone: 516.00 – 517.00

Take Profit 1: 519.45

Take Profit 2: 523.00

Stop Loss: 513.80

The key is confirmation rather than chasing after a breakout. Let price action develop and keep risk controlled around the invalidation level.