XMR/USD Trading Update



Just locked in solid gains by closing out most of my long scalp position at current levels. The momentum's been solid here, but I'm watching for one more push just slightly above before pulling the trigger on the remaining position.

Once I'm fully out, the plan shifts — looking to flip bearish and set up short entries if price hits my resistance zone. The technicals are lining up nicely for a potential pullback, so patience is key here.

Monero's been showing interesting price action lately. Sometimes the best trades aren't about chasing every move, but waiting for that clean pivot point to switch sides and catch the next leg down.
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
MetaMaskedvip
· 18h ago
Selling quite decisively, but it's really hard to say how far XMR can drop in this wave.
View OriginalReply0
TokenRationEatervip
· 19h ago
Haha, it's the same old story. Take profits when it's good and still want to buy the dip... I'm really convinced.
View OriginalReply0
GasWastingMaximalistvip
· 12-28 06:28
At first glance, it's okay, but this rebound doesn't feel very innovative.
View OriginalReply0
ConsensusDissentervip
· 12-27 21:58
The market has calmed down, now it's time to harvest.
View OriginalReply0
FlashLoanLarryvip
· 12-27 21:57
ngl the real alpha here isn't the scalp itself, it's knowing when NOT to chase... opportunity cost of bagholding another 2% up hits different when you could be setting up the short already. thesis validation incoming
Reply0
BearMarketHustlervip
· 12-27 21:51
Locking in gains and then running away—that's the proper attitude of a seasoned trader.
View OriginalReply0
quietly_stakingvip
· 12-27 21:48
Wow, this profit-taking rhythm is really steady... Are you waiting for a short squeeze?
View OriginalReply0
StablecoinArbitrageurvip
· 12-27 21:43
tbh the real edge here isn't the scalp itself—it's recognizing when to *stop* chasing. most retail just hemorrhage on that last 5-10% trying to squeeze an extra basis point out of a position that's already exhausted its edge. the risk-reward flips ugly real quick once you're bag holding through consolidation.
Reply0
GraphGuruvip
· 12-27 21:35
Profited, sold off most of the longs. But I still want to wait for another wave before clearing, I feel there's still a chance.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)