$XTZ 1D Update: - If a bullish reversal confirms in the 0.3344–0.3307 support zone, I expect price to rise first towards 0.3539–0.3544, then potentially challenge 0.3827.
- If there is no confirmation or price closes below 0.3307, the path is open for further downside and no long should be considered—I'd switch to short bias and look for a new setup after the next impulse.
- For a long setup to be valid, wait for a strong bullish reversal candle or a lower timeframe market structure break upwards near support. For example: a bullish engulfing candle forming after a liquidity sweep below 0.3344, followed by price reclaiming 0.3407 on strong volume.
- If you see weak bounces or no buying strength, it’s best to stay out and let the bears do their work.