$XTZ Long at Market After the Spike Digests

Tezos is one of the sharper movers on Binance spot today. $XTZ is up about 11.7% over 24 hours, printing a low at 0.2488 and tagging a high at 0.3173 before cooling off near 0.2803. The breakout candle carried the largest volume bar of the past three days.

Price is holding above the rising 20 EMA on the 1h (near 0.268) and 4h (near 0.260). Buyers defended the 0.266-0.270 pullback zone. As long as 0.265 holds, the path of least resistance is a retest of the spike highs.

Entry: Market @ 0.2803
TP: 0.2950 / 0.3050 / 0.3170
SL: 0.2650
Remember to set your TP and SL.

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