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