💰 Analysis of Currency $XTZ :

Tezos is currently at a key support level after a prolonged downtrend. The chart indicates a potential equivalent recovery, forming a rounded bottom pattern that could signal a trend reversal.

Support Area: $0.60 - $0.74

Resistance Levels: $1.447, $1.843, and $2.290

A strong bounce from the support level of $0.60 - $0.74 could lead to a bullish wave.

If $1.447 is reclaimed, we may see a price acceleration towards $1.843 and $2.290.

Failing to stay above $0.60 could lead to further declines, invalidating the bullish setup.