$XMR Breakout (1D)

Monero has confirmed a clean breakout above the long-term ascending resistance that capped price multiple times in the past. This level acted as a major supply zone, and the strong daily close above it signals a structural shift.

Price is now entering price discovery territory, with momentum expansion and no immediate overhead resistance. As long as XMR holds above the breakout zone, the bias remains bullish.

Breakout level: ~500

Invalidation: Daily close back below the trendline

Bias: Bullish continuation

Focus: Buy pullbacks or consolidation above former resistance

This breakout suggests continuation rather than a fake move unless price quickly loses the reclaimed level.

XMRUSDT

Perp

327

-3.09%