$XTZ Explodes Higher – Breakout Rally or Short-Term Overheat?
XTZ is trading at $0.8746, up over 25% on the day with strong bullish momentum. The asset has just tagged a local high of $0.8800, but is now approaching a key resistance zone. Volume is elevated, suggesting a high-interest zone that could decide the next trend move.
Key Levels to Watch
• Resistance: $0.8800 – A breakout above this level could extend gains toward $0.9050 and $0.9320
• Support: $0.8470 – If lost, downside may accelerate toward $0.8200 and $0.8000
Trade Setup
Bullish Scenario
• Entry trigger: Break and hold above $0.8800
• Target 1: $0.9050
• Target 2: $0.9320
Bearish Scenario
• Entry trigger: Drop below $0.8470
• Target 1: $0.8200
• Target 2: $0.8000
XTZ is flashing strength, but resistance is tight overhead. Traders should wait for a clean breakout with volume support or prepare for a healthy pullback before continuation.