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Taibtc

#TAI/USDT#TAI 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 are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.090600. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are heading for stability above the 100 Moving Average. Entry price: 0.09355 First target: 0.09900 Second target: 0.10380 Third target: 0.11000
Long
by CryptoAnalystSignal
$TAIUSDT - Breakout Confirmed, Momentum Building !CSE:TAI has just broken out of a clean descending trendline after multiple rejections — a sign of renewed bullish momentum. The breakout occurred right above a key support zone (around $0.0725), which held perfectly after a brief shakeout below, triggering a bounce. Trendline Breakout: After forming a descending wedge, TAI broke out with strong volume. Support Retest : Price held above $0.0725, confirming demand in this zone. Targets: TP1: $0.1022 TP2: $0.1378 TP3: $0.1984 Stop-loss placed just below the support zone (~$0.0634) to protect against fakeouts. Summary: TAI is showing signs of reversal from a mid-term downtrend, and this breakout could be the beginning of a new leg upward. If BTC remains steady, alts like TAI can see rapid catch-up rallies. Watch for volume confirmation and sustained price action above $0.085 for momentum to continue. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Long
by persis10t