![Monero [XMR] traders must watch out for these key levels before entering calls](https://insights.cryptobasemarket.com/wp-content/uploads/2022/05/untitled-design-31-139548.png)
Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the alt to its February lows as of 10 May.
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