🚀 $XTZ is showing a potential technical setup!

The weekly chart for XTZ/USDT is displaying signs of a macro bottoming process after a prolonged downtrend, currently printing recovery green candles near the 0.3410 USDT area.

📈 The Technical Setup:
• The Pattern: Descending Resistance Reversal / Macro Accumulation
• Short-term Target: 1.0000 USDT
• Macro Objective: 1.6500 USDT
• Market Structure: Reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.2000 - 0.3410 USDT
• Resistance: 1.0000 USDT
• Breakout Level: 0.4500 USDT
• Stop Loss / Invalidation: 0.2000 USDT

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish bounce from multi-month lows
• Trend: Macro downtrend testing support for potential reversal

⚠️ Invalidation:
A weekly close below the 0.2000 USDT support level invalidates the setup.

Patience is required as price builds a base at macro lows, offering a high-reward structure if key resistance levels are reclaimed.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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