The broader crypto market has moved into a cooling phase after recent volatility, with most large assets drifting sideways. In that environment, Monero (XMR) price action reclaims the spotlight. Recent sessions have displayed a shift in price structure, as buyers have absorbed supply and notably, a fresh TD Sequential buy signal has appeared at the same zone. This shift raises a question for traders: Is Monero forming a base or simply pausing before another leg lower?
TD Sequential Buy Signal Appears: What’s Next for XMR
On the 4-hour timeframe, Monero has printed a TD Sequential “9” buy signal, a pattern that typically appears near the late stage of a decline rather than at the start of a rally. The signal emerged as price compressed around the $320 region, where successive candles stopped expanding lower and began forming smaller bodies and repeated wicks. That behavior suggests selling pressure is fading and the market is transitioning from directional movement into balance.
Historically, this setup does not mark the exact bottom; it identifies a zone where aggressive sellers are largely exhausted and reactive buyers begin stepping in. For confirmation, price must reclaim the nearby $355–$365 resistance band, which previously acted as intraday supply. Acceptance above that region would open a recovery path toward the broader $390–$410 liquidity pocket. If the reclaim fails, Monero is likely to remain in sideways consolidation while the market builds a base. However, a breakdown below $320 would invalidate the exhaustion signal and indicate that sellers still retain control. At present, the indicator favors stabilization first, then a directional move, with the next breakout deciding trend continuation.
XMR Price Structure Shows Early Base Formation
Following a significant decline, XMR price has managed to halt gains and has transitioned into a compression phase. Over the past sessions, the token price has been rotating between $320 and $350 range, with low volatility. The structure now resembles a short-term base forming after exhaustion.
The next decision level sits around $350-$360, where the last rejection originated. Acceptance above this band would place XMR back above its short-term moving averages and expose $390, followed by the larger supply zone near $420-$450. Failure to hold the current base would invalidate the recovery attempt. A loss of $320 reopens downside toward $300, which remains the broader demand zone. For now, the chart structure is transitioning into recovery, but has not yet proven an uptrend.
Final Thoughts
Monero has moved out of impulsive selling and into a decision phase. The TD Sequential buy signal suggests downside pressure is fading, but confirmation depends on price acceptance above resistance rather than the signal alone. Holding the $320–$330 base keeps a recovery attempt intact, while a reclaim of $360 would likely invite momentum traders back into the market and expose the $390–$420 supply zone. Failure to defend support, however, would quickly shift sentiment bearish again and reopen $300.
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