P_S_trade

XMR - 6h. Sellers are preparing for the test of $120-125

BINANCE:XMRUSDT   Monero / TetherUS
On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well.

Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks.

The new buyer's attack on January 27 looks much weaker. Particularly low volumes near the critical range of $168-172. At the moment, buyers look weak and unable to keep this range.

If sellers take control of this range - globally we will expect a repeat test of the range of $120-125.


Given the high probability of BTC correction, scenario for continued growth to the mark of $200 is still alternative. It will become the main one after consolidating buyers over $168-172

P.S. Our global idea was to turn around from $ 172.5
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