⚡️ Market / Price Context
XTZ has regained the previously lost distribution range after breaking back above it, signaling a positive shift in market structure. This successful reclaim suggests buyers are gradually taking control and improving the short-term outlook.
📈 Chart Explanation
The reclaimed range supports the view that XTZ may be entering the early stages of Wave (a). If the structure continues to develop as expected, the initial advance could be followed by a corrective Wave (b) before the broader trend resumes.
📈 Outlook
The bullish scenario remains valid while XTZ holds above the reclaimed distribution range. If the current structure develops as anticipated, a corrective Wave (b) could set the stage for the next advance.
