$XMR$XMR at $588: Can Monero Reclaim $610 After Its Sharp Pullback?

$XMR Price: $588.14 | 24H: +6.09%

High: $609.55 | Low: $552.34

24H Turnover: $88.51M

4H MARKET ANALYSIS:

Monero surged toward $610 before facing sharp profit-taking. Buyers are attempting to stabilize price above $580, but the rejection near $610 shows resistance remains strong. Breakout volume was elevated.

BULLISH SETUP:

Trigger: 4H close above $595 + retest

Entry: $595 | SL: $585

T1: $600 | T2: $605 | T3: $615

R:R at T3: 1:2

BEARISH SETUP:

Trigger: 4H close below $580 + failed retest

Entry: $580 | SL: $590

T1: $575 | T2: $570 | T3: $560

R:R at T3: 1:2

A confirmed move could determine whether XMR retests $610 or corrects further.

Will buyers reclaim $595?

#XMR #Monero #CryptoTrading #KuCoin