🚨 $XTZ /USDT – Breakdown Incoming or Bounce Ahead? 🤔📉
$XTZ is trading at $0.6337 (-2.00%), holding just above long-term support. Is this the calm before a reversal—or a signal to step aside? Let’s take a closer look.
📊 Market Overview
📍 Current Price: $0.6337
📈 24h High: $0.6745
❄️ 24h Low: $0.6193
📉 RSI(6): 27.47 (Oversold territory!)
📊 Moving Averages:
MA(7): $0.6495
MA(25): $0.6555
MA(99): $0.6313
📈 Volume: 3.18M XTZ / 2.07M USDT
📈 XTZ Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If XTZ Holds Above $0.6310):
Entry: Above $0.6419
Targets: $0.6603, $0.6745, $0.6900
Stop-Loss: $0.6190
🔹 Bearish Scenario (If XTZ Drops Below $0.6190):
Entry: Below $0.6190
Targets: $0.6050, $0.5866, $0.5700
Stop-Loss: $0.6419
🔍 Should You Hold or Sell?
✅ RSI below 30 = Possible bounce setup
✅ MA(99) support at $0.6313 = strong historical level
⚠️ Low volume and price below MA(25) = trend still weak
💡 Pro Tip:
🔍 Look for reclaim of $0.6550 with strong volume to confirm bullish bias
🚫 Watch for fakeouts under $0.6190—set tight stop-losses!
📢 Holding or sidelining on $XTZ? Let’s hear your plan!
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