XMR: Summary of discussions in the wwg community (10:00:10 ~ 11:00:10)

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1. The current recommended direction is to long on XMR, with an entry point of 339.4. Based on the fact that there is a huge gap on the daily chart that needs to be filled, it is judged that as long as it is not squeezed, there is a possibility of a squeeze market with overextension. The key to operation is the retest of MH (central high point) and the filling of the imbalance. This is a tentative position building. 2. Position and Risk Management Recommendations: It is recommended to enter the market with a small position, with an entry price set at 339.4 and a stop-loss set at 324.91. Strictly adhere to the stop-loss to prevent being squeezed out of the market. There is no clear take-profit point at the moment. It is recommended to pay attention to the price behavior after the gap is filled and follow the trend cautiously. 3. Suitable for a stable medium-term trading style. Based on the daily gap catalyst, it emphasizes that "as long as it is not squeezed, it may rise". It is not advisable to aggressively chase the high. It emphasizes risk control and is suitable for phased trial positions. After waiting for confirmation, it is appropriate to gradually add positions. It is important to note that operations should be quick in and out to avoid holding positions for too long.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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