XAI / TetherUS
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#XAI/USDT — Descending Triangle: Ready for Takeoff or Breakdow

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#XAI

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.

We are seeing a bearish bias in the Relative Strength Index (RSI), which has reached near the lower boundary, and an upward bounce is expected.

There is a key support zone in green at 0.0167. The price has bounced from this level several times and is expected to bounce again.

We are seeing a trend towards stabilizing above the 100-period moving average, which we are approaching, supporting the upward trend.

Entry Price: 0.0172
First Target: 0.0180
Second Target: 0.0185
Third Target: 0.0191

Remember a simple principle: Money Management.

Place your stop-loss order below the green support zone.

For any questions, please leave a comment.

Thank you.
أغلقت الصفقة: تم الوصول للهدف
لقطة
#XAI
First Target: 0.0180 Reached
Second Target: 0.0185 Reached
Third Target: 0.0191 Reached

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