$XTZ /USDT SHORT TRADE SIGNAL 🔻
XTZ faced a sharp rejection from the $0.779 resistance after a quick rally, signaling a potential bearish reversal. The strong rejection candle on the 4H chart shows profit-taking and weakening bullish momentum. If price fails to reclaim $0.75, further downside correction is likely toward lower supports.
Trade Setup:
Entry: $0.735 – $0.745
Target 1: $0.715
Target 2: $0.695
Target 3: $0.675
Stop Loss: $0.760
Key Levels: Resistance $0.760 | Support $0.675
Market Outlook:
XTZ’s short-term momentum has shifted bearish as the rally lost steam near resistance. A sustained drop below $0.73 could open the door for deeper retracement before buyers reappear.
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