Tajoonakamato
05/31 11:26
XMR exploded to 420.84, then pulled back to 327.90. Price action now tests the 30-day EMA, seeking support. With the 5-day EMA breached and RSI dipping to 45, bullish control has weakened. Volume has thinned out compared to its ten-day average, showing fading interest. MACD has turned bearish, and KDJ is flirting with oversold territory. The wide Bollinger Bands suggest that another significant move may be in store. For now, the 320–340 zone is critical; a breakdown risks further downside toward 300. To regain bullish steam, Monero must break back above 360 with volume confirmation.
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