$XTZ Range Expansion | Front-running the Tallinn Upgrade
Entry Zone: 0.585 – 0.600 (Current accumulation range)
Stop Loss: 0.565 (Below the TenX acquisition floor)
Target 1: 0.615 (Daily Supply Node)
Target 2: 0.635 (Local Swing High)
Target 3: 0.660 (Macro Resistance / Fibonacci Extension)
Sentiment: Institutional-led Bullish Recovery 🚀📈
$XTZ has successfully reclaimed its mid-range after months of consolidation. On the 1H chart, we see a Bullish Market Structure Shift (higher lows) being defended at the $0.585 level. Traders are now front-running the Tallinn Protocol Activation scheduled for this Saturday, January 24th, which introduces major optimizations to the Data Availability Layer (DAL).
As long as the price holds above your $0.585 pivot, the momentum favors a continuation toward the $0.66 resistance.
