$XMR is showing an interesting setup after the strong breakout toward the $525 area.
The sharp pullback has brought price back into the $480–$490 support zone, which is also sitting around the rising trendline.
If this support holds and buyers step back in, we could see XMR regain momentum and make another attempt toward $520–$525. The bullish setup remains valid as long as price respects this area.
However, a decisive break below the trendline and support zone could signal a deeper correction.
Watching the reaction around $480–$490 closely. #DeFi #XMR #Macro Insights#
The sharp pullback has brought price back into the $480–$490 support zone, which is also sitting around the rising trendline.
If this support holds and buyers step back in, we could see XMR regain momentum and make another attempt toward $520–$525. The bullish setup remains valid as long as price respects this area.
However, a decisive break below the trendline and support zone could signal a deeper correction.
Watching the reaction around $480–$490 closely. #DeFi #XMR #Macro Insights#
