$XMR ใThe Inner Drama of Monero: A Break After the Roller Coasterใ๐ข
Recently, this market resembles a roller coaster:
At the beginning of the month, it surged to a peak, and in the blink of an eye, it plunged to the bottomโฆโฆ
Now, it has finally found a spot to lounge around in the 450โ480 dollar range, with the 100-day EMA (about 437 dollars) nearby as a comforting cushion.๐๏ธ
From a technical perspective: This is called a "key consolidation," let me translate thatโ
"Let the bullets fly for a while, let the heartbeat slow down."๐ค
Short-term rebound resistance levels: 500โ510 dollars
Strong resistance zone: 560โ580 dollars
Trend confirmation line: Only if it stabilizes at 640โ665 dollars can it be considered back on track.๐
#XMR