2026-01-12 02:24:05

XMR has recently experienced a noticeable increase in volume. Looking at the 15-minute candlestick chart, this volume signal is not very optimistic—basically indicating a potential short-term top.

From a technical perspective, entering short positions now is a good choice. No need to overthink; you can start with a small position. The target is set below 560. If there's a rebound, the short-term support is around 490. These two levels are key.

It's important to note that XMR's market cap has already exceeded 10 billion. What are you hesitating for at this height? Increased volume + high position, the signals are very clear. Those interested can adjust their positions according to their risk tolerance.

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HodlOrRegret

· 01-12 02:53

Uh... 560 hasn't been broken many times, is this really the top? Kinda uncertain. --- How many times have we heard the theory of a volume-based top, yet many still surge to limit up afterward. --- A small position can try, but don't be fooled by 490. --- What about a billion-dollar market cap? It's not exactly new. --- Shorts? Or wait until it breaks a whole number level. --- Looking for a top in 15 minutes? Friend, you're a bit obsessed. --- I've seen too many instances of high-volume surges at these levels...

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ApeShotFirst

· 01-12 02:43

Huh? Short position? I think there's still hope. This volume surge feels like just the beginning. Wait, below 560? Sounds good, but can it really drop that low? That's a bit greedy, brother. That support level at 490, I've been watching it, but I still want to see if it can break the previous high first. It's already over 10 billion, and you're still hesitating? Just go for it already, haha. Honestly, this signal is a bit blurry, not entirely convinced by your judgment. I'm just going to follow with a light position anyway; I can't afford to lose what I haven't invested. Is 560 a serious level? Feels conservative. I've seen this kind of volume surge a few times; it might not be the top, maybe it's just about to take off. Short-term support at 490? What if it breaks below? Why didn't you mention that?

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WhaleWatcher

· 01-12 02:28

Well... I also saw this volume increase, but I don't feel it's that pessimistic anymore. To be honest, I've always found XMR a bit mysterious; a good technical setup doesn't necessarily mean it will drop. Wait, can it really reach 560? That's a bit uncertain. Yesterday, I heard people say to short it, but then it reversed and went up. Such signals are really unreliable. Breaking the 10 billion market cap actually makes me less willing to hold heavy positions; it might be more prone to a drop. Not yet, let's wait and see haha. I've noted this support level, but keep your position light, and don't rely too much on chart patterns.

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RektRecorder

· 01-12 02:24

Hmm... Can the 560 level really hold? I have a feeling this wave might reverse again. Be cautious with short positions. Last time I heard this kind of analysis, I suffered a huge loss. I'm tired of hearing the same story about volume expansion at high levels. Every time it's said, the price reverses and rises. Support at 490? It looks quite fragile actually. Trying a small position might be okay, but don't mortgage the house, okay? Lately, I feel that the trading strategies for XMR are all too similar, nothing new. This technical analysis looks very detailed, but the market often doesn't follow the usual patterns. When shorting at high levels, make sure to set good stop-losses—lessons learned the hard way. Breaking the 100 billion market cap doesn't seem to have any special significance, and might even attract more retail investors to buy in.

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