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buy on weakness
XMR

Buying Monero on the Dip — Expect Short Drop to $100

When Binance dropped XMR I expected a short corrective move and looked for a dip to around $100. I started buying again at the 12x area, using the weakness to accumulate.

I'm positioned long from those entries and treating this as a dip-buy; I'll watch volume and exchange announcements to confirm a stable recovery.

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Analysis

Exchange-driven selling likely created short-term panic; a move toward $100 would test buyers and provide a clearer risk/reward. Accumulating at lower prices reduces position-level risk but exchange a...

Recommendation

Buy on weakness in measured sizes and set clear stop-losses; monitor volume and Binance updates for signs the sell pressure is easing before adding materially.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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