I’m looking at $XTZ /USDT around 0.3440, with price sitting just above the visible MA60 at 0.3438. The short-term chart has bounced from roughly 0.3433 and is now testing the 0.3440–0.3442 area, so this is a level I’d watch closely.
For me, the setup only becomes attractive if price can hold above 0.3438 and push through the visible 0.3442 area. Recent candles show sharp moves in both directions, so I’d avoid chasing a move without confirmation.
📍 Entry: 0.3438–0.3440
🎯 TP1: 0.3442
🎯 TP2: 0.3604
🎯 TP3: Not enough visible chart information to justify another target
🛑 Invalidation: 0.3433
If price loses 0.3433, I’d step away from this setup because that is the clearest recent visible low on the chart. The 24h low at 0.3397 is also visible, but I wouldn’t use it as a closer stop because it sits much farther away.
I’m waiting for a clean hold above 0.3438 and preferably a break of 0.3442 before considering the setup. For now, the structure is interesting, but confirmation matters.
For me, the setup only becomes attractive if price can hold above 0.3438 and push through the visible 0.3442 area. Recent candles show sharp moves in both directions, so I’d avoid chasing a move without confirmation.
📍 Entry: 0.3438–0.3440
🎯 TP1: 0.3442
🎯 TP2: 0.3604
🎯 TP3: Not enough visible chart information to justify another target
🛑 Invalidation: 0.3433
If price loses 0.3433, I’d step away from this setup because that is the clearest recent visible low on the chart. The 24h low at 0.3397 is also visible, but I wouldn’t use it as a closer stop because it sits much farther away.
I’m waiting for a clean hold above 0.3438 and preferably a break of 0.3442 before considering the setup. For now, the structure is interesting, but confirmation matters.
