$XTZ
/USDT Technical Analysis🔥💯
Current Price: $1.347 (1.35% up in the last 24 hours)
Trend: Bullish short-term trend with strong price action breaking above key resistance.
Key Levels:
Support: $1.263
Resistance: $1.350
Near-term Target Levels:
1. $1.400: A major resistance level that could provide the next challenge for upward momentum.
2. $1.420: Slightly higher resistance, where potential profit-taking could occur.
3. $1.450: A higher target if the momentum continues strong.
Trade Momentum: The price is showing positive momentum with increasing volume in the 24-hour range. Bulls are in control, but a pullback to support levels could provide better entry points for long trades.
Trade Signal
Buy: Near support at $1.263, with confirmation of bounce or breakout above $1.350.
Sell: Take partial profits near $1.400–$1.420. Watch for signs of reversal or weakness near these levels.
Always use stop-loss orders to manage risks and adjust positions based on the price action.