XMR encounters resistance at the 800 level and pulls back. This wave of gains has indeed been quite rapid. It was advised earlier to take profits in a timely manner and not to be greedy for the final gains. Waiting for a sufficient correction before considering re-entry would be more prudent.

From a technical perspective, the 1-hour chart already shows clear signs of resistance. After the price surged and then retraced, the Bollinger Bands are gradually narrowing from an opening, currently operating at the middle band. The MACD indicator's two lines have formed a death cross, which usually indicates that momentum is beginning to weaken. More notably, the volume bars are showing negative divergence, suggesting increasing selling pressure.

Several mainstream cryptocurrencies are also showing signs of pullback at high levels, so caution is necessary to avoid a correlated decline. In the short term, it is recommended to mainly observe and wait for clearer buy signals before re-entering.