A quick update for friends: $XMR hit a new 7-day low, but then recovered. It’s now at 563.75, above the previous low of 562.99.
A break below followed by a recovery could be a false breakdown, but I’ll wait for a few candlesticks to stabilize before making any calls. I’m not going to try to pick the bottom.
What do you all think? See you in the comments.

#XMR