$XMR looks stretched — late longs are getting trapped near the highs.
After a strong impulsive move, XMR has pushed directly into a major resistance zone and is now showing clear signs of exhaustion. Price is stalling, lower-timeframe rejections are stacking up, and momentum is fading with no strong buyer follow-through.
This price action favors distribution at the highs rather than continuation. As long as XMR stays below the recent top, pullback risk remains elevated.
🔻 SHORT SETUP – $XMR
Entry: 700 – 710
Stop Loss: 730
Targets:
TP1: 660
TP2: 620
📉 Market Structure & Momentum
Extended rally → overextended conditions
Heavy resistance overhead
LTF rejection signals appearing
Buyers losing strength, sellers stepping in
This is a high-risk zone for late longs, while offering a favorable R:R short opportunity if rejection continues.
Pair: XMRUSDT
Market: Perpetual
Current Price: 713.4 (+6.46%)
⚠️ Trade with confirmation and proper risk management — patience pays here.
#XMR #XMRUSDT #ShortSetup
#CryptoTrading. #PerpTradingv #Marketstructure #DistributionScale 📉