Tezos (XTZ)

#XTZ Wedge Support Test🔍

Tezos has reached the lower boundary of the falling wedge formation on the 2-week chart👀

Price action at this critical zone suggests bounce potential is growing as buyers defend the zone🧐

A confirmed rebound could lift price toward targets at $0.60, $0.95, $1.50, $2.10, $4.25, and $7.60🎯

Everyone Ignored $XTZ After A -96% Crash. The Potential Upside From Here Is 5,538%

#XTZ Has Broken Its HTF Descending Channel, Confirming A Bearish Structural Shift With Potential 30%–60% Downside From Current Levels. However, From A Long-Term Perspective, Price Is Entering A High-Risk Accumulation Zone Suitable For Gradual Positioning.

Technical Structure
✅ Previous Cycle ATH: $9.17 (Macro Liquidity High)
✅ Macro Correction: −96.35% Into Current Range (~$0.34)
✅ Multi-Year Descending Channel Breakdown Confirmed
✅ Post-Breakdown Impulse: -30% - 59% Down Side Move Into HTF Demand
✅ Weak Retest + Rejection Confirms Bearish Continuation Structure
✅ Lower High Formation Maintains HTF Bearish Bias
✅ High-Risk Accumulation Zone: $0.20–$0.16
✅ Major S/R Flip: $0.6418 (Bullish Above / Bearish Below)
✅ Resistance Stack: $0.446 → $0.6418 → $1.30 → $3.98
✅ Risk Invalidation: Sustained Acceptance Below $0.17

➡️ 2021 Expansion: Rally To ATH ~$9.17
➡️ 2022–2026: −96% Multi-Year Corrective Phase
➡️ Current Price: ~$0.34 (Accumulation Range)
➡️ Current Phase: Post-Distribution → Early Accumulation

Structure Shift Requirements
1️⃣ Weekly Close Above $0.6418 (HTF S/R Flip)
2️⃣ Break Of Descending Structure (LH → HH Transition)
3️⃣ Acceptance Above $1.30 For Expansion Confirmation

Bull Cycle Targets (If Structure Shifts): $0.6418 → $1.30 → $3.98 → $10
Invalidation: Continued Rejection Below $0.6418 + Failure To Hold $0.17 Demand

The $0.20–$0.16 Region Represents A High-Risk Accumulation Zone For XTZ/USDT. Bearish Structure Remains Intact Until HTF Reclaim Confirms Trend Reversal.

TA Only. Not Financial Advice. ALWAYS DYOR.

@tezos