The recent price action on Monero isn't just random volatility—it's textbook Wyckoff accumulation playing out perfectly. What we've witnessed is the classic pattern: supply absorption at lower levels, followed by price reclaiming key structure and beginning its uptrend with conviction.

The multi-year resistance zone that had capped XMR for years is now under serious attack. Institutional absorption at the lows has shifted the supply-demand dynamic entirely. With price now trending with intent above critical levels, the setup suggests accumulation is transitioning into the next phase.

If this structure holds, we could see meaningful moves ahead.