Gold token is currently consolidating after a sharp corrective move, showing signs of stabilization near its recent rebound zone. The major support rests around 4,714 with a secondary short-term base near 4,780 where buyers have stepped in repeatedly. This zone is critical for maintaining recovery structure. On the upside, immediate resistance is found near 5,080 followed by a stronger supply area around 5,120 where selling pressure previously intensified. A sustained break above these levels could push price toward the next upside target near 5,250 as confidence returns. Despite recent volatility, current candles suggest selling momentum is weakening and the market is attempting to form a base. As long as XAUT holds above the 4,714 support, the probability favors a gradual recovery rather than further collapse. Traders should watch for volume confirmation on any breakout attempt, while dips into support remain key reaction zones for short-term positioning. $XAUT #GateLiveMiningProgramPublicBeta #CryptoMarketPullback #MiddleEastTensionsEscalate
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$XAUT
Gold token is currently consolidating after a sharp corrective move, showing signs of stabilization near its recent rebound zone. The major support rests around 4,714 with a secondary short-term base near 4,780 where buyers have stepped in repeatedly. This zone is critical for maintaining recovery structure. On the upside, immediate resistance is found near 5,080 followed by a stronger supply area around 5,120 where selling pressure previously intensified. A sustained break above these levels could push price toward the next upside target near 5,250 as confidence returns. Despite recent volatility, current candles suggest selling momentum is weakening and the market is attempting to form a base. As long as XAUT holds above the 4,714 support, the probability favors a gradual recovery rather than further collapse. Traders should watch for volume confirmation on any breakout attempt, while dips into support remain key reaction zones for short-term positioning.
$XAUT #GateLiveMiningProgramPublicBeta #CryptoMarketPullback #MiddleEastTensionsEscalate