FLUX / TetherUS
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#FLUX/USDT - Final Support Before a Major Reversal or Breakdown

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#FLUX

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 0.0468, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.0486
Target 1: 0.0493
Target 2: 0.0501
Target 3: 0.0512

Stop Loss: At the resistance zone in green

Remember this simple rule: Money management.

Any questions, please leave a comment.

Thank you.
أغلقت الصفقة: تم الوصول للهدف
لقطة

#FLUX
Target 1: 0.0493 Reached
Target 2: 0.0501 Reached
Target 3: 0.0512 Reached

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