$XTZ

Based on the chart and data provided, I will analyze XTZ and provide trading scenarios:

TECHNICAL ANALYSIS:

1. Current trend:

- XTZ is in a short-term uptrend, with the current price around 1.58 USDT

- The price has risen sharply from 1.15 and is currently showing signs of sideways accumulation

2. Technical indicators:

- RSI is at 52, indicating neutral momentum

- Trading volume is quite high with about 1.5M XTZ in the past 24 hours

- Bollinger Bands indicate the price is testing the upper band, a correction may occur

3. Cash flow analysis:

- The buy/sell ratio is quite balanced with 1.66M buys and 1.42M sells

- Large orders account for 22.21%, indicating participation from large investors

- Cash flow has been stable in the past 24 hours

TRADING SCENARIOS:

Bullish scenario:

- Target 1: 1.65 (near resistance zone)

- Target 2: 1.75 (strong resistance zone)

- Stop loss: 1.52 (below MA20)

- Strategy: Buy dips at support zone 1.54-1.56

Bearish scenario:

- Target 1: 1.45

- Target 2: 1.35 (strong support zone)

- Stop loss: 1.62

- Strategy: Short when the price breaks below 1.54

RECOMMENDATIONS:

- Currently, it is advisable to wait for the price to adjust to the 1.54-1.56 zone to buy in

- Set a tight stop loss due to the crypto market still being very volatile

- Reasonable capital allocation is recommended, do not all-in at one price level

Please 👍 if you find the analysis useful as that helps me 🤟.