$XTZ has broken above its 50-day moving average with a major volume anomaly reaching 6x baseline volume. Futures OI increased 18%, while the slightly negative funding rate of -0.008% provides the supplied short-squeeze context. The $0.3400–$0.3580 zone is the stated entry area, with $0.4100 and $0.4800 as key resistance levels.
📈 Bias: Bullish Reversal | 🎯 Entry: $0.3400–$0.3580 | 🛡 Support: $0.3250 / $0.2950 | 🚧 Resistance: $0.4100 / $0.4800 | 🎯 Targets: $0.4050 / $0.4500 / $0.5100 | ❌ Invalidation: $0.3150
Strategy: Watch for a pullback entry into the supplied zone or confirmation of continued breakout structure above the 50-day moving average.
#XTZ #Tezos #CryptoTrading #Binance #Altcoins
📈 Bias: Bullish Reversal | 🎯 Entry: $0.3400–$0.3580 | 🛡 Support: $0.3250 / $0.2950 | 🚧 Resistance: $0.4100 / $0.4800 | 🎯 Targets: $0.4050 / $0.4500 / $0.5100 | ❌ Invalidation: $0.3150
Strategy: Watch for a pullback entry into the supplied zone or confirmation of continued breakout structure above the 50-day moving average.
#XTZ #Tezos #CryptoTrading #Binance #Altcoins
