Privacy coin XMR has indeed been fierce in this wave of market movement, with a rise of over 40% in just 6 days, currently at around 710. From the daily chart, the upward momentum is almost exhausted, and a short-term pullback is possible.
If you want to participate in short positions, consider opening a position in the 710 to 720 range. The support level below is approximately around 655, which is a relatively clear technical support. Overall, this wave of gains has been quite substantial, so it's always wise to be cautious.
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Privacy coin XMR has indeed been fierce in this wave of market movement, with a rise of over 40% in just 6 days, currently at around 710. From the daily chart, the upward momentum is almost exhausted, and a short-term pullback is possible.
If you want to participate in short positions, consider opening a position in the 710 to 720 range. The support level below is approximately around 655, which is a relatively clear technical support. Overall, this wave of gains has been quite substantial, so it's always wise to be cautious.