$XMR (Monero) Trade Breakdown

Current price: $287.66 USD (▼ −2.8% last 24 h)

24‑hour change: −$8.18 (~−2.8%)

Buy zone: $280 – $285 — ideal dip entry if supported

Target prices:

First target: $300

Second target: $315

Stop‑loss: $275 — cut losses fast if breakdown below here

📊 Key support/resistance levels:

Support: ~$280

Resistance: ~$295–$300 zone — breakout needed to confirm momentum

📈 Market feeling: Slightly bearish in the short term, but strong bounce possible if $280 holds. Watching for reversal signs before getting truly bullish.

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🧠 Why this setup matters:

Monero recently slid nearly 3% on moderate volume — sellers driving price toward support. If it holds near $280 and rebounds, bulls may push toward $300 and beyond. But if it cracks $275, be ready for deeper drop.

Otherwise, a bounce from support could trigger a short-term rally up to $315 — ideal for swing trades.

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