$XTZ Rejection Is Building... Sellers Pushing Lower
#XTZ is showing a potential bearish setup on the 4H chart after a sharp rejection from the $0.27 area. Price is now around $0.2572 and trading below the $0.2599 resistance level.
A failure to reclaim $0.2600 keeps the short structure valid. A move below $0.2500 could open the way toward the next downside levels.
Entry: $0.2570–$0.2600
TP1: $0.2500
TP2: $0.2350
TP3: $0.2125
SL: $0.2735
SELL $XTZ
#XTZ is showing a potential bearish setup on the 4H chart after a sharp rejection from the $0.27 area. Price is now around $0.2572 and trading below the $0.2599 resistance level.
A failure to reclaim $0.2600 keeps the short structure valid. A move below $0.2500 could open the way toward the next downside levels.
Entry: $0.2570–$0.2600
TP1: $0.2500
TP2: $0.2350
TP3: $0.2125
SL: $0.2735
SELL $XTZ
