$XMR breaks above the 600 level. Two possible scenarios next:
① If it retests 600 and holds, the level turns into support, with the 24h high of 607.95 as the first upside target.
② If it falls back below 600 and can't reclaim it, this looks more like a false breakout—don't get caught up in it.
I personally pay more attention to how the first retest plays out.
① If it retests 600 and holds, the level turns into support, with the 24h high of 607.95 as the first upside target.
② If it falls back below 600 and can't reclaim it, this looks more like a false breakout—don't get caught up in it.
I personally pay more attention to how the first retest plays out.