📌 XTZ – A new step for Tezos in the current market?

$XTZ

#XTZ #Tezos #SmartContracts

Current price: $0.6477 USD

24h: +3.56%

24h Volume: $24.8M

Market capitalization: $675.7M

Lowest in the day: $0.6135

Highest in the day: $0.6478

 

🔍 Summary of multi-timeframe technical trends

   •   H1: Clear short-term uptrend, support at $0.62

   •   H4: Price increase with stable trading volume

   •   D1: In the accumulation phase, needs to break through the $0.65 area to confirm the long-term uptrend 

🎯 Short-term trading strategy

Long Order:

   •   Entry: $0.62

   •   TP: $0.68

   •   SL: $0.60

   •   Probability: 70%

(Note: Increased trading volume helps reinforce the uptrend)  

Short Order:

   •   Entry: $0.68

   •   TP: $0.62

   •   SL: $0.70

   •   Probability: 40%

(Note: Should only be executed when there is a clear reversal signal)  

⚠️ Quick note

   •   Futures trading can yield high returns but carries significant risks. Capital management is mandatory.

✅ Conclusion

Tezos is showing positive signals with increasing trading volume and a clear short-term uptrend. However, it is necessary to closely monitor the $0.65 area to confirm the long-term trend.

$XTZ