XTZ/USDT — Descending Triangle at a Critical Zone!

Tezos (XTZ/USDT) is currently trading at a decision point. The chart shows a clear Descending Triangle pattern formed since late August, with price consolidating right above the major support zone at 0.64 – 0.74 USDT.

This structure is generally considered bearish, as consistent lower highs indicate selling pressure against a static demand zone. However, a confirmed breakout above the downtrend line could flip the pattern into a bullish reversal trigger.

---

🔑 Key Levels

Current Price: 0.7234 USDT

Major Support Zone: 0.64 – 0.74 USDT

Dynamic Resistance (downtrend line): ~0.78 – 0.82 USDT

Bullish Targets: 0.9064 → 1.0715 → 1.2600 USDT

Bearish Targets: 0.4716 (previous low), with a potential measured move down to ~0.37 USDT

---

🐂 Bullish Scenario (Reversal Potential)

Breakout above 0.78 – 0.82 with strong volume confirmation signals a bullish reversal.

First upside target at 0.9064, then 1.0715, and potentially 1.2600 if momentum continues.

Strategy: Buy on breakout or take aggressive entries near support with tight stops below 0.64.

Reward-to-Risk (R:R) ratio ≈ 2:1 if targeting 0.90.

---

🐻 Bearish Scenario (Breakdown Risk)

Breakdown below 0.64 – 0.70 with strong volume would confirm the descending triangle as bearish.

Downside targets: 0.4716 (structural support) and potentially 0.37 USDT (measured move).

Strategy: Short/hedge after confirmed breakdown and failed retest.

Potential R:R > 2.4:1 toward 0.37.

---

📌 Pattern Context

The Descending Triangle reflects market indecision: persistent sellers vs. defending buyers.

Such setups often end with a strong move, making this area a crucial inflection zone.

Volume will be the key confirmation factor — without it, false breakouts are highly likely.

XTZ is essentially in a “wait-and-see” equilibrium before its next decisive trend.

---

⚖️ Conclusion

XTZ is standing at a major turning point:

Bullish case: breakout could lift price toward 0.90 – 1.07.

Bearish case: breakdown may trigger a drop to 0.47 – 0.37.


Traders should wait for a daily close + volume confirmation before committing. This is a high-opportunity setup once direction is confirmed.

---

#XTZ #Tezos #XTZUSDT #Crypto #Altcoins #TechnicalAnalysis #PriceAction #ChartPatterns #SwingTrading