Technical analysis by Tropnik about Symbol XMR: Sell recommendation (2/6/2024)

The likely Monero drop may continue and amount to another 20%. The breakout exactly coincides with the lower line of the channel and is a price magnet level. Most likely, a series of delistings will follow and will not stop at one exchange [Binance]. Now it is not the best asset either for hodl, or for speculation, or for transferring value.