Tezos (XTZUSDT) Market Overview: 24-Hour Technical Summary (2025-08-25)
• XTZ/USDT fell 6.5% in 24 hours, with a key breakdown below the 0.8300 support.
• High volume divergence occurred at the 0.8600 swing high, followed by a sharp selloff.
• RSI entered oversold territory, suggesting potential for a rebound, but bearish momentum dominates.
• Volatile session with 0.8000 briefly tested, signaling heightened bear pressure.
• Bullish engulfing pattern seen near 0.8000 but failed to hold, indicating weak short-term buying.
Tezos (XTZ/USDT) opened at 0.8286 at 12:00 ET − 1 and traded between 0.8640 and 0.7938, closing at 0.8054 by 12:00 ET. The 24-hour notional volume was $2.53M and total turnover was $1.01M, reflecting active trading amid bearish pressure.
Structure & Formations
XTZ/USDT broke key support levels at 0.8300 and 0.8200, with a bearish reversal pattern forming at 0.8600. A bullish engulfing pattern emerged near 0.8000 but failed to trigger a meaningful bounce. A 0.8130 support level appears to be the next critical target, with a potential reversal likely if buyers can hold it.Moving Averages
On the 15-minute chart, price closed below the 50-period and 20-period moving averages, both sloping downward. Daily MA indicators (50, 100, 200) show the asset is in bearish alignment, suggesting a continuation of the trend is probable unless a strong reversal occurs.MACD & RSI
The 15-minute MACD histogram has turned bearish, with negative divergence indicating continued selling. RSI has moved into oversold territory (below 30), hinting at potential short-term buying interest, but the overall momentum remains firmly bearish.Bollinger Bands
Volatility expanded during the selloff, with price hitting the lower band at 0.7938. A reversal could occur if price remains above 0.8000, but continued weakness may push it toward the lower band of the next consolidation range.Volume & Turnover
A massive volume spike was observed around the 0.8600 level, suggesting a failed attempt at a bullish breakout. Turnover also surged during the breakdown below 0.8300, confirming the bearish sentiment. Divergence between price and volume is not evident, reinforcing the bearish narrative.Fibonacci Retracements
The recent 15-minute pullback from 0.8640 to 0.8000 aligns with a 61.8% Fibonacci retracement at 0.8230, with 0.8130 the next key level. Daily Fibo levels suggest a potential support zone at 0.7960, with a break below that indicating further downside risk.Looking ahead, Tezos may find temporary support near 0.8000, but a close below 0.7938 could accelerate the decline toward 0.7900. Traders should monitor volume and RSI for early reversal cues, though the near-term bearish bias remains intact. As always, be mindful of sudden volatility spikes and macro-driven risks.



Comentarios
Aún no hay comentarios