Technical analysis by The_Alchemist_Trader_ about Symbol XMR: Buy recommendation (9/19/2025)

XMR price action has been volatile, reclaiming support before rallying into the value area high. After rejection, price corrected, but a bounce from the 0.618 Fibonacci and order block suggests bulls remain in control. Key Technical Points - $255 Support Reclaimed: Sparked impulsive rally. - 0.618 Confluence: Current bounce supported by Fibonacci and order block. - Upside Target: $336 remains the next high-time-frame objective. The bounce from the 0.618 Fibonacci level underscores the strength of this zone. If bulls can defend this area, XMR is well-positioned to accelerate toward the $336 resistance level. If, however, price loses this support, a deeper correction could unfold, revisiting the lower range supports. For now, market structure suggests a higher low may be forming, indicating that momentum could soon shift upward again. What to Expect As long as $255 holds, Monero maintains a bullish bias with $336 the next key target. Failure to hold would delay continuation and risk deeper retracements