$XTZ /USDT: Navigating Consolidation Amid Market Volatility🔥💯

The $XTZ /USDT pair is trading at $1.296, experiencing a -3.07% decline over the last 24 hours. Today's price movement has ranged between a high of $1.344 and a low of $1.259, with a trading volume of 10.78M XTZ and $14.06M USDT exchanged.

📊 Technical Overview:

Support Levels: $1.250, $1.200

Resistance Levels: $1.350, $1.400

Market Sentiment: Bearish, with potential for short-term recovery.

⚡ Suggested Trade Plan:

Entry Zone: $1.260–$1.300

Take Profit (TP):

TP1: $1.350

TP2: $1.400

Stop Loss (SL): $1.240

🔍 Analysis:

The 4-hour chart indicates consolidation near the $1.250 support, signaling potential price stabilization. A breakout above $1.350 resistance may shift momentum toward a bullish scenario. However, if selling pressure persists, a retest of $1.200 is possible.

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