After breaking down from the rising channel and dropping sharply from the ~$700 highs, #Monero (#XMR) has shifted into a #bearish structure. If price fails to reclaim the $380,$400 resistance zone, continuation toward $300 and potentially $270 support becomes likely. A strong reclaim and daily close above $420 would invalidate the short-term #bearish bias and suggest strength returning. Short-term outlook: Bearish, current #move looks like a corrective bounce within a broader downtrend. #CryptoRecovery