XTZ/USDT Break out the resistance or rejected again ??

💎 XTZ has undoubtedly captured our interest. After facing a significant rejection upon hitting a robust resistance zone, XTZ is now retracing to the support level at $0.685.

💎 For a potential rebound, it's crucial for XTZ to exhibit bullish candlestick patterns within this support zone, signaling a possible return to challenge the strong resistance.

💎 However, if XTZ fails to hold its ground at this support, there's a risk of it descending further towards a more substantial support zone.

💎 On the flip side, should XTZ successfully breach the formidable resistance, it could usher in a bullish phase for the asset, paving the way toward the bearish OB region.