$XMR — Buyers Defend $550! Is a $560 Breakout Coming?
XMR/USDT: $552.97 | 24H: +0.37%
High: $559.98 | Low: $545.64
24H Volume: $46.83M
KuCoin snapshot: Oct 15, 6:38 AM PKT
4H ANALYSIS: Monero has recovered from near $515 and is consolidating above $550. The displayed 4H candle shows +0.41%, but resistance near $560 remains intact.
BULLISH SETUP
Trigger: Completed 4H close above $560 + retest
Entry: $560 | SL: $550
T1: $565 | T2: $570 | T3: $580
R:R to T3: 1:2.00
BEARISH SCENARIO
4H close below $545
Targets: $540 / $535 / $525
Support: $550 / $545
Resistance: $555 / $560
STATUS: WAIT FOR CONFIRMATION
Will buyers push XMR beyond $560?
