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$XTZ Long Setup Alert, Bull Analysis
$XTZ /USDT shows a volatility spike into liquidity followed by a rebound from the 0.5691 demand. With price holding above the 0.5761 support and reclaiming the 0.5840 area, a move back toward the 0.5940–0.6030 resistance zone looks probable.
📊 Market Snapshot
Timeframe Analyzed: 1H
Current Price: 0.5848
24h High: 0.6100
24h Low: 0.5691
Volume: 8.28M XTZ (4.86M USDT)
📌 Key Levels to Watch
Support: 0.5840, 0.5761, 0.5691, 0.5670
Resistance: 0.5940, 0.6030, 0.6100
🎯 Trade Setup
Entry Zone: 0.5790 to 0.5845
TP1: 0.5940
TP2: 0.6030
TP3: 0.6100
SL: 0.5678
⚠️ Invalidation
Setup invalid if XTZ prints an hourly close below 0.5691 (loses the demand low).
✨ Summary
Reversal bounce favored. As long as price stays above 0.5761–0.5691, the path toward 0.6030–0.6100 remains in play. Watch for a break & retest of 0.5940 with volume expansion.
#XTZ #USDT #CryptoTrading #Altcoins #Layer1