Monero showed impressive recovery strength from the weekly open level. After an initial pullback at the start of the week, XMR demonstrated solid buying pressure and managed to reverse course, bouncing back decisively. This kind of recovery action from key weekly levels often attracts technical traders and suggests sustained interest in the asset despite the initial downside move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
4
Repost
Share
Comment
0/400
CodeSmellHunter
· 1h ago
Is this the rebound on the weekly chart? Wait and see, don't be fooled.
View OriginalReply0
DarkPoolWatcher
· 1h ago
Is it yet again a weekly rebound? Does this move with XMR really have potential, or is it just another trick to fool me into selling at a loss?
View OriginalReply0
HallucinationGrower
· 1h ago
Monero is at it again, this rebound is truly impressive.
View OriginalReply0
BitcoinDaddy
· 1h ago
Hey XMR, this rebound is really awesome. As long as the weekly chart holds steady, there's nothing to fear.
Monero showed impressive recovery strength from the weekly open level. After an initial pullback at the start of the week, XMR demonstrated solid buying pressure and managed to reverse course, bouncing back decisively. This kind of recovery action from key weekly levels often attracts technical traders and suggests sustained interest in the asset despite the initial downside move.