Short

XMR SHORT PROJECTION

XMR is currently experiencing a sideways price action, with a notable strong resistance capping its price movement, preventing it from surpassing the $170 level on the daily timeframe. In light of this, we anticipate a downside momentum to act as a correction leg for the previous bullish trend. Simultaneously, we are closely observing for a potential bearish breakout to occur on the support within this market structure.




Chart PatternscryptomoneroTrend AnalysiswhaleofallstreetsxmrxmrusdXMRUSDT

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