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

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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 0.00875. 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: 0.00986
Target 1: 0.01020
Target 2: 0.01060
Target 3: 0.01116

You can stop at the first and second targets and close the price, or continue to the third target. Stop Loss: At the resistance zone in green.

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
交易結束:目標達成
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Target 1: 0.01020
Target 2: 0.01060
Target 3: 0.01116

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