📉 $XTZ /USDT – Slipping or Setting Up? Watch This Layer 1 Move! 🧠🔍
$XTZ is trading at $0.5059, down -1.98%, testing its 24h low of $0.5051 — a critical make-or-break zone.
📊 EMA pressure is heavy with EMA(7) at $0.5173, EMA(25) at $0.5306, and EMA(99) at $0.5592 – clear downtrend in play.
📉 Yet with volume at 1.51M, there's still decent interest — rebound potential remains.
🔍 Immediate support lies at $0.5010; breaking this could bring more downside.
📈 Resistance to reclaim: $0.5181 and $0.5352 to flip trend.
🎯 Trade Setup: SHORT (Momentum Continuation)
📥 Entry: $0.5050
🎯 Take Profits: $0.4950 / $0.4850 / $0.4720
🛡 Stop Loss: $0.5180
Layer 1 projects like XTZ often bounce fast — but for now, momentum favors bears.