🚀 Monero Faces Potential Downside as Selling Pressure Persists
#Monero #Cryptocurrency #CryptoTrading #SellingPressure #MarketAnalysis #CMF #MFI #PricePrediction #DownsideRisk
Monero is currently trading at $359.55, with analysis indicating a potential 16.08% decline towards $279.69 if the price closes below the channel support near $332. According to NS3.AI, the Chaikin Money Flow (CMF) at -0.18 reflects ongoing selling pressure, while the Money Flow Index (MFI) at 58.61 suggests a bullish divergence that has yet to result in a sustained reversal.#Monero #Cryptocurrency #CryptoTrading #SellingPressure #MarketAnalysis #CMF #MFI #PricePrediction #DownsideRisk