$XMR bounced slightly on January 26 after absorbing liquidity in the 450–480 USD zone. Price could retest higher liquidity areas at 500–510 USD, with 560–580 USD as a further upside zone.
The key level to watch is 411.5 USD. A break below it would confirm the broader downtrend, while a move into upper liquidity zones may signal a potential reversal.
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