I’m seeing a lot of fear around $XMR right now and honestly that’s not surprising after the drop we just had. But zooming out a bit, price has now settled into a very important demand area around $510–$520 — a zone that has flipped price multiple times in the past.
This is usually where weak hands panic and strong hands step in. Selling into this area has historically not been a great idea.
As long as $500 stays intact, a relief move toward the $560–$600 region is very much on the table. Any quick spike or wick slightly below $500 looks more like liquidity grab than real weakness. The structure only starts to break down if we see a clean, decisive loss of $480.
What I’m watching closely:
Support zone: $520 → $500
Resistance zone: $560 → $600
No need to rush trades here. Let price react, let the level show its hand. Patience around key zones usually pays better than panic.
Trade Now 👇$XMR
XMRUSDT
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