#TIAUSDT — a Major Decision Point at the Downtrend Line!
#TIA The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart. There is initial support at 0.2958, acting as a preliminary support zone. A key support zone (marked in green) exists at 0.2766; the price has rebounded from this area multiple times, making it a strong support level. The price is moving toward the 100-period moving average, which is within close reach; this supports a potential rise. Entry Price: 0.3251 Target 1: 0.3370 Target 2: 0.3536 Target 3: 0.3711 Stop Loss: At the green resistance zone. Remember this simple rule: Capital management. If you have any questions, please leave a comment. Thank you.
