PEOPLE / TetherUS
Long
Aggiornato

#PEOPLEUSDT

109
#PEOPLE

The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.

The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.

There is a key support zone (in green) at 0.00484. 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: 0.00526
Target 1: 0.00536
Target 2: 0.00551
Target 3: 0.00569

Stop Loss: At the resistance zone (in green)

Remember this simple rule: Money management.

Any questions? Please leave a comment.

Thank you.
Trade attivo
istantanea

#PEOPLE

Target 1: 0.00536 Reached
Target 2: 0.00551 Reached
Trade chiuso: obiettivo raggiunto
istantanea

#PEOPLE

Target 1: 0.00536 Reached
Target 2: 0.00551 Reached
Target 3: 0.00569 Reached

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