🟢🚨 LayerZero/Tether (LZ/USDT) Trade Signal 🚨
🕒 Timeframe: 1H
📉 Chart Pattern: Down Channel
📍 Current Price: 4.1082 USDT
📊 Support Area: 4.08 USDT
💥 Potential Upside Levels:
• First Target: 4.3554 USDT
• Second Target: 4.6089 USDT
• Final Target: 5.0061 USDT
📈 Technical Overview:
• RSI: Currently 47.58, showing signs of a potential bullish reversal after breaking the downward trend.
• Momentum: A breakout from the down channel could trigger a rise toward the targets mentioned.
🎯 Trade Setup:
• Buy Entry: Consider entering at 4.1082 USDT if a breakout occurs.
• Stop Loss: Slightly below 4.08 USDT (support area)
• Take Profit Targets:
• TP1: 4.3554 USDT
• TP2: 4.6089 USDT
• TP3: 5.0061 USDT
📈 Expected Move: A confirmed breakout from the down channel with RSI support could lead to a rise toward 4.35 USDT and beyond.
⚠️ Disclaimer: DYOR and NFA.
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