Monero (XMR) is currently valued at $11.45B market cap. Community sentiment shows strong bullish momentum with 78.1K votes reflecting 74% bullish positioning.
On the M5 timeframe, a pending short setup is forming. The entry point sits directly on the Point of Control (POC) with no interference from nearby support/resistance zones, making it a clean technical setup. Estimated stop-loss sits tight at around 1.28% above entry.
The downtrend structure remains extended—we're tracking the 211th cycle with a −12.79% amplitude swing. This suggests the move has momentum behind it but may be approaching a cyclical inflection point.
For traders watching XMR, this setup combines solid technical structure with strong community conviction. Monitor the POC rejection behavior closely for potential continuation signals.
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.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
SnapshotDayLaborer
· 2h ago
Over 74% long? That data seems a bit off. Usually, when it's this one-sided, it's often a trap.
View OriginalReply0
ChainSpy
· 3h ago
Is POC so clean? Why do I feel something's off... 74% long positions and you're willing to open a short?
View OriginalReply0
BearMarketBro
· 3h ago
74% Long Call? Why do I think this wave might actually drop? POC here repeatedly testing without breaking, feels like the main force is accumulating positions.
View OriginalReply0
MainnetDelayedAgain
· 3h ago
According to the database, this is the 211th extension cycle signal for XMR. How many days have passed since the last POC commitment? It is recommended to be included in the Guinness World Records.
XMR Trading Signal Alert
Monero (XMR) is currently valued at $11.45B market cap. Community sentiment shows strong bullish momentum with 78.1K votes reflecting 74% bullish positioning.
On the M5 timeframe, a pending short setup is forming. The entry point sits directly on the Point of Control (POC) with no interference from nearby support/resistance zones, making it a clean technical setup. Estimated stop-loss sits tight at around 1.28% above entry.
The downtrend structure remains extended—we're tracking the 211th cycle with a −12.79% amplitude swing. This suggests the move has momentum behind it but may be approaching a cyclical inflection point.
For traders watching XMR, this setup combines solid technical structure with strong community conviction. Monitor the POC rejection behavior closely for potential continuation signals.