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