XMR has been on a bull trend for almost a week now, but we've seemingly broken that bull trend.
However, I personally believe that this will act as a pretty massive bear trap for panic-sellers as we're still well above the support of the new region we've broken into.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when deciding whether to commit yourself to a position or not.
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We're seeing massive market pullback from the support line @355!
Looks like the situation where we moon is VERY possible.
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Support line broken. Let's see how the market reacts