IOUSDT is trading within a robust descending channel, currently forming a potential bearish continuation pattern.
If the price breaks below the $1.482 level, it could lead to a new low. However, if this support holds, there could be a surprise reversal towards the key trendline shown on the chart.
Close attention is needed as this scenario unfolds. The chart provides detailed guidance.
Share your thoughts on this analysis.
If the price breaks below the $1.482 level, it could lead to a new low. However, if this support holds, there could be a surprise reversal towards the key trendline shown on the chart.
Close attention is needed as this scenario unfolds. The chart provides detailed guidance.
Share your thoughts on this analysis.
Trade active
Price approaching strong demand area again, the very last time it was tested it got bought back instantly, let see how this develops.Trade closed: target reached
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📢 Follow Only Official Links – Trade Smart, Stay Safe
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
🔹 Main Channel: t.me/+m0IACMn0ul03OTFk
🔹 Forex Zone: t.me/+piiPgrNtrulkNDk0
📩 For Promotions, Advertisements & Partnerships: @WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.