$XTZ (Tezos) Market Snapshot: Long Liquidation Triggers a Reset

Liquidation Data:

XTZ faced long liquidations worth $1.15K at $0.634, indicating that overleveraged buyers got flushed out after failing to sustain upward momentum.

Market Behavior:

This shakeout suggests a temporary cooling phase, but such liquidations often pave the way for a healthier rebound once selling pressure eases.

🔹 Support Levels: $0.620 – $0.628

🔹 Resistance Levels: $0.652 – $0.665

Technical Insight:

If XTZ stabilizes above $0.628, it could build a base for a short-term recovery toward $0.66. A dip below $0.620 might open room for a deeper retest near $0.605.

Suggested Entries:

Buy Zone: $0.625 – $0.630

Sell Target: $0.655 – $0.665

Stop-Loss: Below $0.615

Next Move:

Look for a bullish reversal candle or volume surge before entering fresh longs. A confirmed break above $0.665 could signal renewed momentum toward $0.70 levels.

Tezos is currently in a reset phase — patient traders may find opportunities as the market stabilizes post-liquidation.

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