Tezos ($XTZ /USDT) Market Update
XTZ is experiencing a strong bullish rally with a 27.19% increase in the past 24 hours, now trading at $1.684. The 24-hour high of $1.724 shows strong upward momentum, with significant trading volumes of 36.51M XTZ and 54.16M USDT, indicating strong investor interest.
The RSI(6) at 93.904 signals that the market is in overbought territory. Traders should watch for potential profit-taking or corrections while keeping an eye on resistance at $1.724 and support near $1.569.
Signal:
Current Trend: Bullish
Entry Point: Consider buying on a pullback around $1.55–$1.60.
Resistance Levels: $1.724, $1.75
Stop-Loss: Below $1.50
