๐ #XTZ/USDT โ Bullish Setup on 2H Chart ๐
@Tezos is currently trading around $0.8804, consolidating inside a small range after a recent push from the $0.78 support zone. Hereโs the breakdown:
๐ข $XTZ Entry Zone: Around current price $0.88, ideally after a breakout and hold above $0.89.
๐ก Stop Loss: ~$0.8368 to protect against a breakdown into the lower green demand zone.
๐ฏ Target 1: $0.92 โ first supply zone test.
๐ฏ Target 2: $0.96 โ major resistance.
๐ฏ Target 3: $1.0002 โ psychological round number and extended target.
Why itโs interesting:
Price has bounced strongly from the $0.78 demand zone with healthy volume.
Multiple red supply zones above, but if the first one breaks, momentum could quickly push to $1.00.
Risk/reward is favorable here with clear invalidation below $0.8368. #xtz