$XMR just got rejected hard… is another leg down coming? 📉
Monero pushed all the way to $661 before sellers stepped in and dragged price back near $617
That rejection is hard to ignore
I'm watching the $626–$630 area now. If price bounces into that zone and sellers reject it again, a move toward $612 and potentially $595 could come into play
But I'm not shorting just because we've seen a red candle
If buyers reclaim resistance and push higher, the bearish idea needs a rethink
🎯 Levels on my radar
$626–$630 → possible rejection zone
$612 → first downside level
$595 → next area to watch
Would you short XMR on another rejection, or do you think buyers will defend this dip? 🤔
#XMR
Monero pushed all the way to $661 before sellers stepped in and dragged price back near $617
That rejection is hard to ignore
I'm watching the $626–$630 area now. If price bounces into that zone and sellers reject it again, a move toward $612 and potentially $595 could come into play
But I'm not shorting just because we've seen a red candle
If buyers reclaim resistance and push higher, the bearish idea needs a rethink
🎯 Levels on my radar
$626–$630 → possible rejection zone
$612 → first downside level
$595 → next area to watch
Would you short XMR on another rejection, or do you think buyers will defend this dip? 🤔
#XMR