Monero: Watch for a Confirmed Breakout Before Targeting $270–$280

I think a move by Monero (XMR) up to $270–$280 is possible but not certain in the near term — it needs a clean breakout with volume and favourable market conditions. Right now the path to that level requires BTC strength, renewed buying interest, and relief from regulatory pressure that often hits privacy coins.

I would watch key technical levels and on-chain/activity signals before committing large capital. If XMR breaks above nearby resistance with sustained volume, the target becomes realistic over weeks to a few months; without that confirmation, rallies are likely to stall or pull back.

My approach would be to monitor price action, accumulate small on weakness, and place protective risk limits rather than use leverage — privacy-coin delistings and macro swings create heightened downside risk.