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TFUEL/USDT next potential move πŸš€ πŸ”₯πŸ”₯ ThetaFuel today analysis

Long
BINANCE:TFUELUSDT   Theta Fuel / TetherUS

πŸ’Ž TFUEL is gearing up for an exciting move. It's currently trading within a descending channel and is on the brink of an upward breakout.

πŸ’Ž Another key observation is that the price is maintaining strong momentum above the 21 EMA, which further bolsters the potential for a bullish move.

πŸ’Ž The presence of a demand zone is another crucial factor to consider. We have a clear supply zone, so we expect the price to mitigate that level before deciding on the next move.

πŸ’Ž The RSI is also indicating that the upward momentum isn't over yet, as it's above 50, signaling a potential upward trend

πŸ’Ž In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey

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