$XMR MASSIVE DROP – Bearish Pressure Still Unfolding

A sharp correction hit $XMR , plunging from $420.99 to a low of $320.16, marking a dramatic -16.65% decline in just 24 hours. The sell-off was aggressive, and the 2H chart shows strong red volume candles confirming panic-driven exits.

24h Overview:

High: $395.72

Low: $320.16

Current Price: $324.81

Volume: 200.60M XMR traded

Technical Outlook: • Momentum is still weak, and bulls have not yet returned with force.

• A further dip toward the $300 psychological support is possible if current levels fail to hold.

• Only a reclaim above $340–$350 would suggest an early recovery structure.

Scenario to Watch: If XMR tests the $300 support zone, we could see fresh accumulation before any sustained bounce. For now, caution is key—wait for confirmation signals before entering new long positions.

Trade here on $XMR