$HARD USDT: Descending Channel on Weekly Timeframe đ
Hard USDT has formed a descending channel pattern on the weekly chart, signaling a potential opportunity to accumulate for the medium term. Hereâs a quick breakdown:
Key Levels:
Buy Zone: $0.28 - $0.30 (Near the lower trendline of the channel)
Target: $0.45 - $0.50 (If the price moves up after bouncing off the support)
Stop-Loss: $0.20 (Below the channel support to manage risk)
Trade Plan:
1. Enter: Accumulate in the $0.28 - $0.30 range.
2. Profit Target: Look for price to reach $0.45 - $0.50 in the short to medium term.
3. Exit: Set a stop-loss at $0.20 to protect your capital.
Summary:
Buy in the $0.28-$0.30 range
Target: $0.45 - $0.50
Stop-Loss: $0.20
Stay sharp and manage your risk! đâš
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