#XTZ
XTZ/USDT Price Analysis – Short Signal
I am going short on $XTZ 👌
Current Price: 0.4874 | 24h Change: +5.64%
Key Indicators:
· EMA Trend: Price is trading below EMA(50) at 0.4914 and well below EMA(200) at 0.5402, confirming a bearish trend structure.
· RSI(14): At 53.14, showing neutral momentum but no overbought pressure, allowing room for downside.
· MACD: DIF -0.0061 below DEA -0.0084, with a small positive histogram (0.0022) — still in bearish territory but with weak momentum.
· Resistance: Strong resistance near 0.4961 and 0.5180 from recent highs and EMA levels.
· Volume: Current volume at 83,992.8 vs MA(5) of 300,660, indicating low buying interest.
Short Setup:
· Entry Zone: Near 0.4870–0.4930 (below EMA resistance).
· Target: 0.4742 (recent low) → 0.4569 (24h low).
· Stop Loss: Above 0.4961 (swing high).
Summary:
XTZ is showing bearish structure with price below key EMAs and weak volume. Short positions are favored as long as price stays below 0.4960.
Trade safely. Use stops and manage risk.