$XMR is cooking again 👨‍🍳🔥

Monero holding $500 could send it back to $600+

Monero just gave a textbook move 🔍

🔴 Old Resistance → New Support

The red horizontal zone around $480–500 was heavy resistance for weeks.

Price broke out, ran hard to the upside, and is now pulling back to retest that same level.

📈 Uptrend Still Valid

The rising trendline from the lows remains intact.

As long as price holds above the trendline & $480 zone, the bullish structure is not broken.

⚠️ What I’m Watching Next

Bullish scenario:

Strong reaction from $480–500 → continuation toward $600+

Bearish scenario:

Clean breakdown below support → deeper pullback toward $420–400

🧠 Key Lesson for Traders

Breakout ➝ Expansion ➝ Pullback ➝ Decision

Patience at support matters more than chasing pumps.

$XMR #xmr

XMR
XMRUSDT
516.83
+1.43%