Monero is looking good for a long if this key level holds

Monero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .

A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.

RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.

The price is currently above the 50,100 & 200 EMA .

If the price is able to stay above the resistance level mentioned then a long from this area looks good.

Short term target would be the previous local high & resistance marked on the chart at around the 329.5 - 339.9 level.

Possible longer term targets are also shown on the chart.

Not financial advice, just sharing my idea.

Good luck.