Bearish pressure increases… $XMR faces a risk of reversal…!!
#XMR shows signs of encountering strong resistance near its local peak at 563.92, where sellers begin to appear after a relatively stable upward move. The price is currently fluctuating around 559.86 within a likely short-trade zone. If bearish pressure continues and they reject this top level, the next downside targets could be at 532.86 and 512.62, while 579.91 is acting as a key resistance level that keeps the bearish outlook intact
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