MyCryptoParadise_Simon

XTZ/USDT WHAT NEXT? πŸ‘€ Tesoz today analysis

BINANCE:XTZUSDT   Tezos / TetherUS
πŸ’Ž Paradisers, turn your attention to XTZUSDT! We've observed it poised for a remarkable move, having recently retested the descending trendline and now setting the stage for potential outcomes.

πŸ’Ž A brief retrospective reveals that Tezos has been adhering to a descending trendline, facing rejection thrice. Interestingly, it managed to break above this trendline only to face another rejection from the upper daily resistance.

πŸ’Ž Currently, as it retests the trendline, there's a strong likelihood that, after a minor pullback, it might experience a decline.

πŸ’Ž However, there's a silver lining. Should the price surpass the 0.700 mark, we're hopeful that XTZ will embark on a bullish journey, potentially reaching the Extreme and Bearish OB and supply zones.

πŸ’Ž Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!

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