🚨 $XTZ /USDT ALERT: Testing Key Resistance After a Strong Rally! 🚨
XTZ is trading at $1.458, up 25.15% in the last 24 hours. The price surged from a low of $1.110 to a high of $1.568, signaling significant bullish momentum. The coin is consolidating just below its recent peak, indicating the potential for another breakout.
Trade Setup:
Entry Price: $1.460 for a breakout or potential retest of support.
Key Levels to Watch:
Resistance: $1.568 – A confirmed breakout above this level could propel the price higher.
Support: $1.428 – Holding above this level is critical to sustain upward momentum.
Take-Profit Targets:
Target 1: $1.500
Target 2: $1.550
Target 3: $1.600
Stop Loss: $1.400 (to manage downside risk)
⚠️ Caution:
A rejection at $1.568 may lead to a pullback toward $1.428 or lower.
Monitor volume for confirmation of a breakout or reversal at resistance.
Ensure proper risk management, as volatility is expected to remain high.
