Monero's looking primed for a short opportunity here. The chart is laying out a pretty textbook bearish pattern - resistance levels lining up nicely, momentum starting to fade on the higher timeframes.
If you're watching the XMR/USD pair, this could be an interesting entry point for shorts. Key levels are showing up on the technicals. Worth keeping on your radar if you're into this type of setup.
Not financial advice, just what the charts are telling us right now.
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XMR/USD Technical Setup Alert
Monero's looking primed for a short opportunity here. The chart is laying out a pretty textbook bearish pattern - resistance levels lining up nicely, momentum starting to fade on the higher timeframes.
If you're watching the XMR/USD pair, this could be an interesting entry point for shorts. Key levels are showing up on the technicals. Worth keeping on your radar if you're into this type of setup.
Not financial advice, just what the charts are telling us right now.