is facing $XMR a critical structural turning point after breaking the historical ascending support line and dropping by 12%, which shifts the price battle from a consolidation phase to a deep correction that may target levels of $266 unless momentum regains its strength.
Despite the negative price, the decline in open interest OI to $141 million reveals a wave of panic exit rather than forced liquidations, opening the door to the possibility of forming a temporary bottom near the lower limit of the Bollinger range
$XMR

XMRUSDT
Perp
328.59
-5.21%