【$XMR Signal】Bidirectional Orders! 1H Triangle Convergence Ending, Waiting for Breakout Direction

$XMR The 1H timeframe is at the end of a triangle convergence, with the price oscillating narrowly between EMA20(319.55) and EMA50(322.58), about to choose a direction. The 4H timeframe is still in a recovery phase after a sharp decline, with EMA50(329.34) acting as strong resistance. Current open interest remains stable, but the order book depth on the buy side is significantly weaker than on the sell side(-27.51), indicating short-term selling pressure persists. Volatility equals profit; we are placing bidirectional orders to catch the moment of trend reversal.

🎯Direction: Watch and Wait(Bid Orders)

⚡Order Strategy:

- Long Trigger: Price breaks above and stabilizes at 326.00(Reason: Breakout of 1H triangle upper boundary and recent rebound high)

- Short Trigger: Price falls below and closes under 318.50(Reason: Break below 1H triangle lower boundary and EMA20 support, confirming weakness)

🎯Entry/Orders:

- Long Entry: 326.50(Reason: Enter after breakout confirmation)

- Short Entry: 317.80(Reason: Enter after breakdown confirmation)

🛑Stop Loss:

- Long Stop Loss: 323.00(Reason: Break below breakout level, false breakout)

- Short Stop Loss: 321.50(Reason: Re-entering triangle zone, short position invalidated)

🚀Target 1:

- Long Target: 333.00(Reason: 4H previous high and EMA50 resistance zone)

- Short Target: 310.00(Reason: Previous low support area)

🚀Target 2:

- Long Target: 340.00(Reason: 1.618 Fibonacci extension level)

- Short Target: 302.00(Reason: Previous crash low point)

🛡️Trading Management:

- Position Size Suggestion: Light position(Reason: Unclear direction, breakout game, higher risk)

- Execution Strategy: Once either side’s order is triggered, if the price reaches Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2. If the price reverses and hits the other side’s order, cancel the original order.

Depth Logic: 1H RSI(54.49) is neutral, with no clear divergence. Key is to observe volume expansion direction. If an upward breakout occurs, monitor whether open interest (OI) rises in tandem to confirm institutional follow-through. If a downward breakdown occurs, beware of triggering long stop-loss orders. The current market logic suggests a price decline, but stable OI indicates it’s not institutional dumping, more like a balance point in bulls and bears, with a potential for a trend reversal at any moment.

View real-time market 👇 $XMR

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年