XTZUSDT Forming Falling Wedge

XTZUSDT has recently formed a classic falling wedge pattern on the daily timeframe, a setup often associated with bullish reversals. This technical formation, marked by converging downward sloping trendlines, is showing early signs of a breakout. With volume steadily building, a breakout confirmation above resistance could signal the beginning of a major bullish rally. Historically, falling wedge breakouts result in strong upside moves, and in this case, we are looking at a potential gain of 80% to 90% in the coming weeks.

Tezos (XTZ) has consistently positioned itself as a strong contender in the smart contract and decentralized applications (dApp) sector. With its self-amending blockchain and focus on governance, it continues to attract attention from developers and institutional players alike. As the broader crypto market shows signs of recovery, coins like XTZ that offer real-world utility and technical strength tend to lead the charge.

From a market sentiment perspective, interest in XTZ has been rising across social platforms and trading communities. The combination of technical alignment and positive fundamentals suggests that bulls are preparing for a strong move. Traders should keep an eye on breakout levels and monitor volume spikes as confirmation of momentum. A successful wedge breakout could bring XTZUSDT back to previous highs or even beyond.

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