TIA is breaking out from a falling wedge pattern, which is a bullish reversal setup. The price has recently breached the upper trendline resistance, signalling a potential strong upward move. If the breakout holds, there is significant upside potential as marked in the chart.
Entry Point: Current Market Price (CMP) around $5.20
Additional Positions: Consider adding more if the price retests the trendline support near $4.80–$5.00.
🎯 Targets:
$6.20
$7.80
$8.50
$9.80
$12.5(Final Target)
⛔️ Stop Loss (SL): $4.60 to manage downside risk.
⚖️ Leverage: Use leverage cautiously, between 3x and 5x depending on your risk tolerance.
#Crypto
Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
