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Looking at the 1-hour timeframe chart of HIGHUSDT, we can see an ascending triangle pattern forming. This pattern features a narrowing price range, with a flat upper boundary and a sloping upward lower boundary. Concurrently, the EMA (Exponential Moving Average) ribbon indicates recent bearish sentiment with downward-trending red lines. However, the Relative Strength Index (RSI) is showing bullish signals, hinting at a potential reversal in market sentiment.
Furthermore, a recent breakout above a key support line strengthens the bullish outlook for HIGHUSDT. This breakout suggests that buyers have gained control over sellers at this level, potentially paving the way for further upward movement in the short term. These technical indicators collectively suggest growing bullish momentum for HIGHUSDT, presenting potential trading opportunities for both traders and investors.
ENTRY: 1.525 or Current Market Price
Signal Type: Long
Take Profit Targets:
1st TP: 1.650
2nd TP: 1.710
3rd TP: 1.800
4th TP: 1.900
Stop Loss: 1.440
Leverage: 5x - 10x
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