$XMR ‌XMR/USDT – Market Update & Outlook

XMR recently made a strong upside move, followed by a controlled pullback. This type of price action usually shows profit-taking after strength, not panic selling.
Short-term view (1H):
Price is cooling near short-term averages after the rally. Selling pressure looks moderate, and buyers are still defending the area. This suggests consolidation rather than a full trend reversal.
Mid-term view (4H):
As long as price holds above the recent higher low, the broader structure stays constructive. Pullbacks after impulsive moves often help reset momentum before the next decision.
Multi-angle check:
Trend: Bullish structure with short-term correction
Momentum: Cooling from overbought
Structure: Impulse → pullback → stabilization attempt
Future expectation (personal opinion):
If XMR stabilizes here, another upside attempt toward the recent high is possible. Sideways movement would also be healthy. A deeper drop may extend consolidation but wouldn’t immediately break the broader trend.
⚠️ This is not financial advice. Crypto markets are volatile, and all views shared are personal opinions only.