$XTZ
/USDT Technical Analysis:💯🔥
Current Price: $1.43
Trend: Bullish momentum, with a +1.63% increase over the last 24 hours.
Support Zone: $1.40 (24h low), key support level in case of any pullbacks.
Resistance Zone: $1.45 (24h high), breakout above this could signal continued upward movement.
Key Indicators:
RSI: Neutral, hovering near 50 (indicating no overbought or oversold conditions).
MACD: Positive (indicating bullish momentum).
Trade Signal:
Buy Entry: Around $1.42 (near support), with confirmation of upward momentum.
Target Levels:
1. First Target (T1): $1.46 (initial resistance level, short-term profit-taking opportunity).
2. Second Target (T2): $1.50 (strong resistance from historical price levels).
3. Third Target (T3): $1.55 (longer-term bullish target).
Stop Loss: $1.38 (below recent low to mitigate significant losses).
Trade Momentum: Bullish as the price is above key support levels and there is potential for upward movement based on recent price action and technical indicators. Keep an eye on market volume for strength confirmation.