🚨 $XMR / USDT Technical Update (4H Chart) 🚨
#XMR is holding strong in a macro uptrend, up +40.66% over the last 30 days. Price is currently consolidating around $511.03 following a pullback from its recent peak at $545.06.
📊 Key Levels to Watch:
Major Resistance: $545.06 (Recent high / local peak)
Immediate Resistance: $520.29 (MA 7 — reclaiming this re-ignites bullish momentum)
Primary Support Zone: $487.12 – $491.32 (MA/EMA 25 cluster)
Invalidation / Swing Support: $471.34
💡 Market Outlook:
Bullish Scenario: If $XMR holds above the $487–$491 support zone, expect a retest of $520. A 4H candle close above $520 opens the path back to $545+.
Correction Scenario: Losing $487 could lead to a deeper retest toward the $471 level before buyers step back in.
Order book sentiment currently shows 53% Bids vs 47% Asks, showing mild buyer accumulation at current levels.