CryptoPAMM

XMRUSDT Bullish Overture and Fibonacci Fantasy

Long
BINANCE:XMRUSDT   None
Ah, the Monero chronicles! Picture this: back in October 2023, XMRUSDT shattered the colossal triangle pattern that had been brewing for a whopping 500 days. It wasn't just a breakout; it was a seismic shift, a bullish beacon illuminating the medium and long-term horizon.

Fast forward to the aftermath—a robust pullback, precisely what the bulls ordered for that ideal entry point. But here's the kicker: XMR stood firm at the uptrend trendline, setting the stage for a potential turbocharged rally.

Now, be ready for the grand spectacle! We're foreseeing XMR setting its sights on the 161.8% Fibonacci resistance, an illustrious mark at the $225 checkpoint. The plot thickens—should this resistance be conquered, Monero has a captivating reward in store for its buyers: a delightful 60% gain.

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