Cross / USDT : Near to breakout..Keep a close watch

93
CROSSUSDT is testing a descending trendline that has been acting as resistance since late July. Price is now approaching this level again after several rejections.

If price breaks and holds above 0.315 with good volume, the next target could be around 0.345 to 0.35, which is about an 11% move from current price.

Key points:

Timeframe: 1 hour

Setup: Descending trendline breakout

Entry: Wait for breakout and retest confirmation above 0.315

Target: 0.345 area

Stop loss: Below breakout retest zone around 0.308


Risk management is important. Wait for confirmation before entering.

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.