Monero, the leading privacy-centric cryptocurrency, has been on a remarkable uptrend over the past two months, with its price appreciating by over 70%. Despite a minor dip in the last 24 hours, the altcoin is trading at a value of $171, with a spiking trading volume. This sustained uptrend is a clear indication of the market's bullishness, with several metrics supporting the likelihood of a possible reversal in fortunes.

The weighted funding rate reveals sustained moderate sentiment, indicating market stability, while the liquidation levels for both long and short positions are at an indecisive level, suggesting a stable market. The CMF's reading of 0.14 reveals the presence of buying pressure, implying higher accumulation rates in the upper range.

Various indicators point to a sustained uptrend, with the price on a bullish trend. Coupled with the buying pressure across the privacy coin's market, Monero is likely to test and even breach its immediate resistance levels on the charts. This resilience in price and market stability are positive signs for investors, indicating a potential for further growth.

In conclusion, Monero's sustained uptrend is a testament to the market's bullishness, with several metrics supporting the likelihood of a possible reversal in fortunes. As the market continues to evolve, investors and analysts alike are keeping a close eye on XMR, anticipating its potential to breach its immediate resistance levels and reach new heights.