$XTZ XTZ/USDT – DOWNTREND CONTINUES, WEAK MOMENTUM
XTZ is trading at $1.0873, still below the MA(99) at $1.1044, showing weak momentum. Price recently bounced from the $1.0486 support but faces resistance near $1.0948.
Trade Setup (Short Bias)
Entry for Short: $1.0850 – $1.0900
Stop Loss: $1.1000
Target 1: $1.0600
Target 2: $1.0480
Target 3: $1.0350
If price stays below $1.0948, further downside is likely. Watch for a break below $1.0486 for extended bearish movement.
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