$XTZ is showing early signs of a bullish reversal.



The descending broadening wedge breakout was backed by strong volume, and price is now retesting the breakout zone.

The Ichimoku Cloud continues to provide solid support, reinforcing the current structure.

If buyers defend this level, the retest could confirm the breakout and open the door for the next leg higher.

#XTZ #Tezos #Crypto #Altcoins #TechnicalAnalysis
XTZ-0.88%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
LiquidityLifeguard
· 4h ago
Ichimoku held up as support; next, we’ll see whether it can hold above the previous high.
View OriginalReply0
ExitLiquidityBuddy
· 4h ago
The volume aligns perfectly; after the wedge breaks out, the pullback confirmation is a classic script.
View OriginalReply0
  • Pinned