$XTZ
/USDT Technical Analysis
Tezos (XTZ) is showing bullish momentum with a significant price surge. Let’s break down the chart and identify potential targets:
Current Price: $1.287 (+14.20%)
24h High/Low: $1.296 / $0.773
24h Volume: 43.14M XTZ
Key Levels to Watch:
1️⃣ Target 1: $1.350
A short-term resistance level where profit-taking might occur.
Breakout here could fuel further bullish momentum.
2️⃣ Target 2: $1.450
A medium-term target aligned with Fibonacci retracement levels.
Could attract traders looking for sustained growth.
3️⃣ Target 3: $1.600
A psychological level and major resistance zone.
Achieving this target would signify a strong upward trend for XTZ.
Support Level:
$1.200: A key level to monitor in case of a pullback.
Tezos is gaining traction as a Layer 1 gainer, supported by robust community activity and trading interest. Keep an eye on these levels for trading opportunities.
Trade smart and always use risk management.