🚨 $XMR — RECORD OPEN INTEREST | SWING SHORT SETUP

Monero is approaching a major resistance zone while Open Interest reaches record levels, raising the risk of a potential liquidation event.

📉 Technical Analysis

* Price is testing resistance around $610–$620.

* Potential bearish divergence on the daily chart.

* Record Open Interest signals elevated futures positioning and potential volatility.

* A rejection from resistance could trigger a deeper correction.

🔴 SHORT SETUP $XMR

⚙️ Leverage: 2–3x (Isolated)

📍 Entry Zone: $605–$620

🎯 Take Profit Targets

* TP1: $580

* TP2: $550

* TP3: $520

* TP4: $490

🛑 Stop Loss: $650

📌 Trade Management

Consider moving SL to breakeven after TP1. Wait for bearish confirmation before entering, and avoid chasing the price.

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