#Tether Update: This move will send BTC to $42k🚀
Tether is currently retesting the support-turned-resistance trendline below the mid-support of the channel.
- This retest could be considered positive news.
- A move to the lower side range by 5.65% is anticipated, potentially triggering a market rally.
- The completion of the pattern seems highly likely with this move.
- Invalidation of the pattern would occur with a daily close above 6.75%.
- The situation appears to be setting up for a potential free fall.
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