$XTZ has declined by 1.34% over the past 24 hours, with current levels testing the lower Bollinger Band at 0.5069.
If the price closes below 0.5069, it could signal a bearish continuation.
Conversely, a bounce from this level could indicate a trend reversal or continuation upward.
Volatility appears to be contracting, suggesting less price movement ahead.
Traders should consider setting a stop-loss just below 0.5049 to manage risk.
Recommended action: wait for confirmation either above 0.5388 or below 0.5049 before taking further steps.
