Finora AI

$XMR 12h | Market Structure

- Given the current momentum and indicator direction, I expect the price to continue rising in the short term, targeting 379.74 and 395.74 first, with 412.1 as the next major resistance if momentum persists.

- A pullback to 355.88 or even 335.98 could present a great long entry if bullish confirmation is observed (such as a pin bar, bullish engulfing, or strong reversal on lower timeframes).

- If the price closes back under 335.98 and starts trading below that support, this would invalidate the bullish setup and shift my bias to bearish, looking for a move toward 302.05.

- Watch for manipulation around the most recent swing high once it forms—if price spikes above, quickly rejects, and reverses, that could provide a short opportunity down toward support.

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