💥XTZ/USDT: Bulls strengthen pressure — where will the price go next?
XTZ/USDT has confidently settled above 0.5170, confirming the development of an upward impulse. The price is trading above EMA21 (0.5035) and EMA50 (0.4986), highlighting the dominance of buyers on the hourly timeframe.
🚨Indicators (briefly)
RSI 14: 60.63 — the movement is strong, but the overbought zone is close, a local pullback is possible.
MACD remains in the positive zone — the trend retains energy.
Stochastic 14: 59.54 — the bullish impulse is not overheated, growth potential remains.
💰Trading plan
Main scenario — long. Considering the upward trend and holding the price above key EMAs. Brief corrections are seen as opportunities to enter.
🎯Growth targets
0.5250 — +6.2%
0.5300 — +7.1%
0.5400 — +11.1%
➡️Entry zones
Conservatively: expect a pullback to 0.5100.
Aggressively: enter from current levels 0.5170.
⛔️Stop-loss
Optimal protection — 0.4950, below local EMAs and the demand zone.
XTZ maintains a bullish structure, but the market is volatile — we monitor the price reaction and the behavior of indicators at key levels.
Spot trading 👉$XTZ
Futures 👇
