【$XMR Signal】Dual-sided Pending Orders Hidden! 1H Triangle Convergence Ending, Awaiting Breakout

$XMR The 1H timeframe is at the very end of an extremely converged triangle consolidation, with prices trading sideways within a narrow 330-333 range, and volatility compressed to the limit. The 4H timeframe remains oscillating within a downtrend channel, but the 1H EMA20 (331.55) and EMA50 (332.23) are nearly aligned, indicating an imminent breakout. Open interest (OI) remains stable and has not decreased with the price drop, suggesting it’s not primarily driven by large sell-offs but rather chips accumulated after a short squeeze. Currently, the price is at a balance point between bulls and bears; entering directly is risky. The best strategy is to place dual-sided pending orders to catch the breakout direction.

🎯 Direction: Wait and see ( Dual-sided Pending Orders )

⚡ Long Trigger Conditions: Price strongly breaks through and stabilizes above the 1H triangle upper boundary and EMA50 resistance zone.

🎯 Long Entry: Place breakout buy order at 333.50 (Reason: Breaks through 1H triangle upper boundary and EMA50 resistance, confirming bullish momentum)

🛑 Long Stop Loss: 328.80 (Reason: Breaks below recent 1H consolidation low and ATR lower band support)

🚀 Long Target 1: 338.00 (Reason: Previous high on 4H timeframe and Fibonacci 0.382 retracement level)

🚀 Long Target 2: 343.50 (Reason: 4H EMA20 resistance and 1.618 extension level)

⚡ Short Trigger Conditions: Price falls below the 1H triangle lower boundary and support in the dense trading zone.

🎯 Short Entry: Place breakout sell order at 329.30 (Reason: Breaks below 1H triangle lower boundary and recent support levels tested multiple times)

🛑 Short Stop Loss: 334.00 (Reason: Breaks above triangle upper boundary, invalidating the structure)

🚀 Short Target 1: 325.00 (Reason: Previous low support and psychological level)

🚀 Short Target 2: 320.00 (Reason: Previous low area on daily chart)

🛡 Trading Management:

- Position Size: Light (Reason: Direction is uncertain, this is a breakout game, strict risk control needed)

- Execution Strategy: Once either side’s order is filled, immediately cancel the other side’s pending order. After reaching the first target, move stop loss to entry price (break-even). If the price moves in the opposite direction before trigger, abandon this trade.

Depth Logic: Order book shows buy orders accumulating around 330.5 (over 10 XMR), while sell orders are sparse above 330.6, with a slight buy-side depth advantage (depth imbalance 1.48%). The 1H RSI (47.16) is in a neutral-weak zone with no clear divergence. The key is whether the price breaks through on either side with volume expansion. Current market logic indicates “price declines with stable open interest,” weakening the expectation of a sustained downward move and more likely indicating a shakeout. We are lurking on both sides, waiting for the main force to choose a direction before following.

Check real-time quotes 👇 $XMR

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