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Technical analysis by Tr8dingN3rd about Symbol XMR: Sell recommendation (8/4/2025)

https://sahmeto.com/message/3683143
Tr8dingN3rd
Tr8dingN3rd
Rank: 1088
2.7
Sell،Technical،Tr8dingN3rd

Can Monero break the U-MLH of the yellow Fork to stop the down-drift? In the last post we see that Monero has the potential to reach the white Centerline at around $240. At least this is the view on the weekly Chart. On the other hand we see support at the U-MLH in the daily Chart. Until the U-MLH of the yellow Fork isn't breached by a open and close outside, the weekly short projection is in play.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$312.15
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