If you were looking to place a healthy short position this week, Monero [XMR] might be a good option especially after its recent rally.
The altcoin had a solid bull run from its latest local low and had already started showing signs of weakness at press time.
Monero topped out at $152.80 on 20 July, before pulling back to its press time price of $146.30.
Its recent top represents a 54% gain from $96.50, its lowest price in 2022 which it achieved on 18 June.
XMR’s latest…
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