#XMR Bulls Hit Hard!
A hefty $75.3K long position was liquidated as XMR dropped to $195.51, sending shockwaves through the market.
This sudden downturn signals a shift in momentum, with bearish pressure tightening its grip and forcing traders to reassess their positions.
What’s Next for XMR?
If the sell-off persists, XMR could test the $190 support level, a critical zone for bulls to defend.
On the flip side, a recovery above $200 could signal a potential rebound, reigniting bullish sentiment.
XMR is at a crossroads—watch closely for the next move!
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