$XTZ /USDT — 15m Chart
Price just printed a clean momentum expansion off the 0.493–0.495 defended zone, where buyers stepped in aggressively and absorbed sell pressure. That level marked a clear short-term floor, flipping structure back to higher lows and forcing late sellers to cover.
XTZ is now consolidating around 0.505–0.508, holding above rising short-term averages. This looks like a healthy pause after an impulse leg, not exhaustion—price acceptance above the psychological 0.50 handle keeps the tape constructive.
Above the current range, resistance sits near 0.513 first, followed by 0.518–0.520 where prior supply previously capped price. Acceptance through that pocket would confirm continuation pressure.
Bias: Bullish while above reclaimed support—buyers control the structure and the tape favors continuation.
Caution: A failure back below 0.500 would weaken momentum and signal a potential rotation into range rather than trend.
Overall, buyers defended the lows decisively, momentum flipped fast, and unless support breaks, the short-term structure remains skewed to the upside.
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