ALON / Tether USD
Panjang

ALONUSDT Technical Analysis (4H Chart)

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The price is currently in a descending triangle pattern, consolidating near the lower range. A strong breakout above the trendline could signal a bullish move with minimal risk.

📌 Entry Strategy:

Enter after a confirmed breakout above the descending trendline with volume.
Keep a tight stop-loss below the breakout candle to minimize risk.
First target: The previous resistance level (around 0.025 USDT).
💡 Risk-Reward Ratio: Favorable setup, as risk is limited while the potential reward extends to the upper channel resistance.

📊 Wait for confirmation before entering. If price closes above resistance with strong bullish momentum, it could lead to a high-probability trade. 🚀

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.