Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
Technical analysis of Monero (XMR) reveals a significant setup. With a last close of $323.65, volatility remains active (-3.87%). The primary technical feature is a Rounding Bottom formation. Volume is average (0.91x avg) with moderate trend strength (18.8). A potential breakout level is identified at $438.4, targeting $584.27 with support near $365.47 (R:R 2.0).
What is your outlook on XMR?