$XMR Update: Trend Shift Signals Short Opportunity
Monero has officially broken its previous bullish structure, signaling a potential change in market direction. With the upside momentum exhausted, price action now suggests consolidation or a broader pullback toward lower support levels.
Trade Idea: Short $XMR
Entry: Market
Targets: 600.00 – 557.10
Stop Loss: 719.45
XRP
2.0549
-0.41%
The breakout confirms weakness in the prior uptrend, creating a well-defined short setup with clear risk management. Bears may take control as price moves toward key demand zones below.