📊 TIA/USDT Analysis: Support, Resistance, and Entry Strategy
🔍 Overview:
- TIA/USDT is currently in a bearish trend.
- The $4.5 level serves as a potential reversal point.
- A descending wedge pattern suggests a bullish breakout.
📈 Support and Resistance:
- Support (Previous): TIA broke out of the downtrend, with $5.75 acting as a new support level.
- Resistance (Current): The critical level is $6.00; a breakout could signal further upside.
🚀 Entry Strategy:
1. Wait for Confirmation: Monitor TIA's price near $6.00.
2. Breakout Entry: If TIA breaks above $6.00, consider a long position.
3. Stop-Loss: Set a stop-loss just below the breakout level.
4. Target: Aim for the next resistance around $7.30.
Remember to DYOR and manage risk. Happy trading! 🌟📉📈.
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