Technical analysis by HexaTrades about Symbol XTZ: Buy recommendation (21 hour ago)

X XTZ is currently bouncing from the lower boundary of a broadening wedge pattern on the weekly chart, signaling a potential trend reversal. This structure, characterized by widening price swings, has been developing since mid-2022. The recent bullish move has pushed the price above a key resistance zone, with rising volume supporting the momentum. The upper boundary of the wedge aligns with the next major target zone near $2.25. Resistance 1: $1.00 Resistance 2: $1.45 Resistance 3: $2.25 Cheers Hexa XTZUSDT