$XMR / Monero
Consolidation still underway. Bulls and bears in equilibrium within this $610–$620 range for the last 24 hours.
If price loses this local support zone, it's almost certain to visit the $575–$590 area to sweep more liquidity before deciding on the next move.
The chart is still in a major uptrend. 40–60% retracements from a breakout point are completely normal. Anyone telling you otherwise is likely inexperienced in how these moves play out.
Below $575 would be the first real warning of a breakdown. Until then, consider the chart healthy
XMRUSDT
Trajne ter. pog.
509.64
+1.01%