After breaking down from the rising channel and dropping sharply from the ~$700 highs, Monero (XMR) has shifted into a bearish structure.

If price fails to reclaim the $329–$350 resistance zone, continuation toward $300 and potentially $270 support becomes likely.

A strong reclaim and daily close above $400 would invalidate the short-term bearish bias and suggest strength returning.

Short-term outlook: Bearish — current move looks like a corrective bounce within a broader downtrend. $XMR

XMR
XMRUSDT
332.66
-0.69%