XTZUSDT has exhibited an impressive rebound off the key 61.8% Fibonacci retracement support level, suggesting strong underlying demand from market participants. This bounce has created an intriguing setup for a potential upward move toward the next 61.8% Fibonacci retracement level, which is likely to serve as a formidable resistance barrier. The confluence of Fibonacci retracement levels with other technical indicators can often provide valuable insights into potential market trends, making this an exciting development for traders and investors alike.
Note
Note
We are closing now with a profit
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📱 Telegram: t.me/Tradensee
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.