After a significant downward movement, when the price reaches the 4-hour Order Block (OB) and reacts to that level, possibly sweeping liquidity with that shadow, it presents a great opportunity for a buy.
Note
After publishing this idea, news of XMR being delisted from Binance was released, and I was unable to delete it. I apologize for any inconvenience this may have caused
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.