Monero(XMR) hits a new all-time high, but is this rally a continuation of the upward trend or a trap rebound? From a technical perspective, XMR has recently shown strong performance—after breaking through a key resistance level, trading volume has significantly increased, and the candlestick pattern indicates a strong breakout signal. However, it is important to note that such privacy coins often exhibit high volatility and risk in the market. Whether this is a genuine breakout or a false signal depends on whether it can hold above the support level near the new high. Short-term traders should focus on whether trading volume can be sustained and whether signs of stagnation appear at high levels. The direction of this rally is worth continued monitoring.