Technical analysis by cakpras about Symbol XMR: Sell recommendation (8/5/2025)

XMR/USDT – Potential Accumulation Zone in Play Monero (XMR) has dropped 3.14% on the 45-minute chart, currently trading around 295.48 USDT. Using Fibonacci retracement and Ichimoku Cloud analysis, a potential accumulation zone is identified between 288.16 and 256.86 USDT. Key resistance levels at 319.47, 331.43, and 338.82 suggest a structured pullback. This dip could present a strategic entry point for traders anticipating a reversal or preparing for long-term positioning. 💬 “This area shows potential for coin accumulation.”