🚹 $XMR Clear Downtrend

Price Action:

‱ Kline shows consistent lower highs (624.5 → 592 → 570) and lower lows (480.79 → 497 → 492.72).

‱ Recent candles reject rallies near MA5 (rejected at 510.55)

‱ Key support at 478.61 must hold to prevent further drop to 461.21 (lower support).

Capital Flow: Persistent Outflows (-12.4M USDT 24h). Short-term outflows (1H: -2.89M, 4H: -4.24M) align with price declines.

Entry short $XMR : Near resistance 523.97 or breakdown below 478.61 (Support level)

Stop-Loss: 540-550 if shorting at 523.97

Target $XMR : 461.21 (lower support level)

Support me just Click below to Trade 👇 Cheers.

XMR
XMRUSDT
466.89
+2.98%

If RSI diverges positively or price reclaims 507.65 (MA5), reconsider shorts

#xmr #xmrusdt #Monero