TLMusdt trading opportunity

By weslad
Updated
TLMusdt is currently exhibiting a determined effort to breach a persistent supply trendline. The buy back zone is an important demand zone for immediate accumulation.

A successful breakout from this resistance could trigger a substantial rally towards our immediate setup target.

Upon a successful breakout, the initial target becomes pivotal, and a surge in price momentum towards this level is anticipated. Subsequently, the continuation of this move towards the final target zone is within the realm of possibility.

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Following a significant breakout from the downtrend trendline, accompanied by a notable pullback, the uptrend momentum has resumed. We anticipate this upward movement to persist. The newly established buyback zone presents an attractive opportunity for buying should the price retest this area.

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The market orientation have changed from bull to bear and the coin is expected to continue dropping.

snapshot
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Chart PatternsTrend AnalysisWave Analysis
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