XTZ/USDT : Navigating Key Price Levels for Potential Moves
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XTZ/USDT is currently trading near a crucial **trendline** and **supply zone**. The analysis indicates two possible scenarios based on price action :
1. Bearish Scenario :
If the price breaks below the **trendline**, this could trigger a significant **dump**, leading to further declines.
2. Bullish Scenario :
Conversely, if the price successfully breaches the **supply zone**, it may experience a notable **pump**, indicating strong buying interest.
Traders should keep these critical levels in mind when planning their strategies.
Conclusion & Advice :
Monitoring the trendline and supply zone is essential for understanding potential price movements in XTZ/USDT. Set appropriate **stop-loss orders** to protect against downside risks and consider entering long positions only if the supply zone is convincingly broken. Staying alert to these developments will help in making informed trading decisions.
