XAI / TetherUS
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#XAI/USDT

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#XAI

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bounce from the lower boundary of the descending channel, which is support at 0.0448.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.

We have a trend of consolidation above the 100 moving average.

Entry price: 0.0466
First target: 0.0477
Second target: 0.0493
Third target: 0.0514

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