How is Monero tracked?

Could you please explain to me in detail how Monero, a popular cryptocurrency, is tracked? I'm particularly interested in understanding its privacy features and how they impact traceability. Are there any specific methods or techniques that are commonly used to monitor Monero transactions? Additionally, how does Monero's privacy protection compare to other cryptocurrencies? I'm keen to learn more about the challenges and limitations in tracking Monero, if any.