2026-01-12 11:28:53

XMR has recently performed strongly, with a weekly increase of over 33%. Many investors have taken profits at the high levels. From a technical perspective, it is currently in a high-level consolidation phase, and it is recommended to wait for a pullback opportunity.

The trading suggestion is to enter in small positions in the $550-$576 range, avoiding chasing highs. This price zone is a key support area, and short-term risks are relatively controllable. It is important to note that market volatility or a cooling market sentiment could trigger a deeper correction, so it is essential to manage individual positions carefully.

From a bullish structure perspective, the key support levels are still moving upward, indicating that there is still momentum for a rally. As long as the key support is not broken, a rebound can be expected. It is recommended to closely monitor the market trend and prepare for a potential upward movement.

View Original

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

ForkYouPayMe

· 01-12 11:59

A 33% increase... Can anyone really cash out at the top? Why do I always get caught? That $550 level really needs to be protected, or else I'll be taking flying knives again.

View OriginalReply0

LightningClicker

· 01-12 11:49

A 33% increase, huh? I was among those stuck at over 600... Seeing others profit now, I truly feel distressed. Everyone says 550-576 is an opportunity, but I bet it will drop further. With the market like this, a quick rebound is unlikely. The key support level must hold for there to be hope, but I've heard this many times before—once it breaks, it drops straight down... Maybe I should just wait and see.

View OriginalReply0

BearMarketBuilder

· 01-12 11:46

A 33% increase and people start talking about a pullback—I've seen this trick too many times. Usually, it just continues to take off. Those who took profits at the high should be regretting now.

View OriginalReply0

FreeRider

· 01-12 11:30

Hey, a 33% increase and you want to run? Now that there's a pullback, it's the real test of patience. --- Is the support at 550 really solid? Feels like it could be easily broken through. --- Again, small positions and staggered entries. I'm tired of hearing this excuse... but it all depends on Bitcoin's mood. --- Chasing highs is indeed deadly, but missing out is also painful. Let's wait and see. --- A bullish structure sounds good, but what if the sentiment cools off and it gets cut in half? --- People who entered at this price range are probably going to be trapped again. History always repeats itself. --- Controlling position size is a good suggestion, but how many people can really do it? --- I just want to know when the market will fall enough to be over. --- A rebound is expected, a breakdown is also possible. Saying it doesn't mean much. --- Keeping a close eye is useless; you need to have some guts.

View OriginalReply0