$XMR broke through the 600 mark. There are two possible scenarios next:
① It pulls back to 600 and holds → the level turns into support, with the 24h high of 609.09 as the next target.
② It falls back below 600 and fails to reclaim it → this was probably a false breakout, so don’t stay in the trade too long.
Personally, I’m paying more attention to how the first pullback is absorbed.
① It pulls back to 600 and holds → the level turns into support, with the 24h high of 609.09 as the next target.
② It falls back below 600 and fails to reclaim it → this was probably a false breakout, so don’t stay in the trade too long.
Personally, I’m paying more attention to how the first pullback is absorbed.