#TIA/USDT — a Major Decision Point at the Downtrend Line!#TIA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 1.70, representing a strong support point.
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We are in a consolidation trend above the 100 Moving Average.
Entry price: 1.75
First target: 1.82
Second target: 1.88
Third target: 1.96
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
