🚨$XTZ XTZ/USDT ALERT: Massive Pullback from Highs! 🚨
XTZ surged to a high of $1.400 but has retraced to $1.104, up by +32.69% on the day. After a sharp rally, profit-taking seems to dominate the current price action.
🔥 Key Levels to Watch:
📈 Resistance: $1.174 – A move above this level could pave the way for another test of $1.400.
📉 Support: $0.911 – Holding above this is critical to maintain bullish momentum.
💡 Market Insight:
XTZ demonstrated strong bullish momentum with a breakout from $0.685, attracting significant volume. However, the pullback suggests cautious behavior among traders, with potential for consolidation before the next move.
📊 Next Steps:
A sustained push above $1.174 may reignite bullish interest, while a failure to hold $0.911 could lead to a deeper correction.