🟢📊 LayerZero/USDT Trade Signal 🚀

Current Price: $4.3923

Timeframe: 1H,

🔻 Down Channel: The price has been trading in a descending channel, but it has found strong support in the Support Area. A potential reversal could be on the horizon.

🟢 Support Area: The $4.30-$4.40 zone represents a key level of support where buyers are stepping in, increasing the likelihood of a bounce.

📈 Bullish Outlook:

• Target 1: $4.6804

• Target 2: $4.9116

• Target 3: $5.2042

The pair shows strong potential for an upward breakout with these key resistance levels in sight!

📊 RSI Indicator:

• RSI currently sits at 39.75, close to oversold levels, suggesting a possible reversal. A move above 51.59 would confirm renewed bullish momentum.

💡 Strategy:

• Buy Zone: Around $4.30-$4.40

• Take Profit: Scale out at the above targets

• Stop Loss: Consider placing below $4.20 to manage risk

⚠️ Trade Carefully!

Disclaimer: DYOR and NFA.

$ZRO

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