🚨 $XTZ /USDT Technical Analysis – Current Price: $1.308 🚨
XTZ is consolidating near a key support zone at $1.308, with signs of accumulation, indicating that buyers are defending this level. A breakout above nearby resistance could spark upward momentum, while a failure to maintain support may lead to further downside.
💡 Key Levels to Watch:
Resistance: $1.35 – A break above could push XTZ higher.
Support: $1.25 – A drop below this level may increase selling pressure.
🔍 Trade Strategy:
📈 Bullish Setup:
Entry: If the price breaks above $1.35.
Targets: $1.40 - $1.45.
Stop-loss: $1.27.
📉 Bearish Setup:
Entry: If the price drops below $1.25.
Targets: $1.20 - $1.18.
Stop-loss: $1.31.
XTZ is at a pivotal point – stay alert for potential volatility and price action! 🚀