The downward momentum of XMR is worth paying attention to. Yesterday, a short position was suggested at the 622 level, and now the unrealized profit has already exceeded 10%. Currently, the price is around 585, and the downtrend continuation pattern is still ongoing. The main force is attempting a rebound to lure more buyers, but from a technical perspective, there is still room.

If you haven't entered the market yet, it’s not too late to go short at the current market price of 585. For those already holding short positions, keep holding and don’t be scared out by the rebound. The pattern is not fully played out yet, just be patient and wait. If you don’t have a position, don’t hesitate anymore.