Technical analysis by The_Alchemist_Trader_ about Symbol XMR: Sell recommendation (12/2/2025)

XMR rejected the $424 high-time-frame resistance and has now slipped back below the $408 level, showing early signs of a deeper corrective move. As long as price holds beneath $408, downside continuation remains the higher-probability path toward the broader $290 support zone. Key Points: - Rejection at $424 resistance - Price back under $408, confirming weakness - Support target sits near $290 What to Expect: If sellers maintain control below $408, XMR likely trends lower. A reclaim of $408 would be needed to shift bias back toward short-term bullishness.