$XTZ Explosive Gains with +36.73%!

📈 Current Price: $1.139

XTZ has surged dramatically, reaching a 24-hour high of $1.400. After a sharp rally, a correction phase might be on the horizon, with critical levels in focus.

Technical Analysis:

• Resistance Levels:

• $1.200: Immediate resistance.

• $1.400: Key peak and psychological barrier.

• Support Levels:

• $1.065 (25 MA): Crucial support zone.

• $0.856 (99 MA): Long-term support, safeguarding the uptrend.

• Volume Insight:

• Trading activity is booming with 146.72M XTZ traded in 24 hours.

• USDT volume at 169.93M, indicating robust liquidity.

• Moving Averages:

• Short-term MA (7): $1.138 is closely aligned with current price.

• Medium-term MA (25): $1.065, holding as strong dynamic support.

Market Sentiment:

XTZ’s rally is fueled by substantial bullish momentum, evident in the sharp incline and massive volume surge. If buyers regain control, testing $1.400 is highly likely.

What’s Next for XTZ?

• Bullish Scenario: Reclaiming $1.200 could lead to a retest of $1.400 and potentially new highs.

• Bearish Scenario: Failing to hold $1.065 could trigger a pullback to $0.856.

Watchlist Update: XTZ is a prime candidate for intraday trades. Tight stops are key with high volatility!

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