ðĻðĨ$XTZ /USDT - Tezos Takes Flight! ððĨðĻ
Overview
The XTZ/USDT pair is currently in a strong uptrend. The recent price action and bullish candle formations suggest a potential continuation of the uptrend. The MACD indicator is showing a bullish crossover, which further supports the bullish sentiment.
Trade Scenarios
* Long Position
* Entry: $1.642 (Current Price) ðĒ
* Stop Loss: $1.305 ð
* Take Profit: $1.675 ðŊ
Market Outlook
The short-term outlook remains bullish. A break above the $1.675 resistance level could further fuel the rally. However, a dip below the $1.305 support level might signal a potential bearish reversal.