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Monero's record has been wiped clean. The coin spiked to $600 but quickly entered correction territory—now hovering around $562. The question on every trader's mind: can XMR bounce back?
This pullback isn't unusual after such a sharp move. Watch the support levels closely. A sustained break above $580 could signal renewed strength, while failure to hold current levels might push it lower. The chart's telling an interesting story right now.