![Monero [XMR] faces first real test since November breakout: What's next?](/cdn-cgi/image/onerror=redirect,width=640,height=640,format=webp/https://storage.googleapis.com/uploads.mongoosehq.com/url/media/78256112/e2700657bf8ab49c5d6d24ac2848a7b2bfcfa0ca814609f9e25690600f144d4a)
Overview
- Crypto.news reports sellers seized momentum after the $438 rejection, with analysts saying only a decisive reclaim near $436 would challenge the bearish setup.
- Near-term targets diverge: crypto.news sees a drift toward $319–$313, while AMBCrypto flags $350–$360 as a likely pullback zone.
- AMBCrypto’s liquidation map shows heavier long leverage down to about $355, heightening the risk of forced selling into that pocket.
- Since testing roughly $440 on Nov. 30, XMR has slid about 10.6% as Bitcoin fell back below $90,000, pressuring altcoins.
- Higher-timeframe structure remains constructive after a weekly break above $420 with $518 still a reference, though rotation toward GHOST is weighing on privacy tokens.