$XTZ is trading inside a rising wedge, which typically leans bearish — but it’s pressing right at the resistance zone. If bulls manage to flip the top wedge line into support, the next leg could target the 0.637 PMH level.

However, if the price gets rejected at resistance or fails to hold the lower wedge trendline, downside risk opens up fast toward the 0.470 PML level.

Watch closely for that wedge breakout or breakdown — the next move could be explosive either way.