🚨 TIA/USDT Breakout Alert: High-Risk, High-Reward Long Setup with 250% Upside – Tight SL, Use 1% Capital Only! 🚨
📈 Chart Analysis Overview:
Support: ~$1.890 (highlighted stop loss)
Entry Zone: ~$1.989 (current area of interest)
Target Zones:
TP1: $2.254
TP2: $2.353
TP3: $2.803 (major resistance)
🧠 Technical Observations:
Downtrend Channel Breakout Attempt: Price appears to be trying to break out of a descending wedge/channel, which often signals a potential reversal.
Demand Zone: Price bounced near previous demand (highlighted by green zone).
Volume: Not shown, but confirmation would be stronger with increased buying volume.
⚠️ Risk Assessment:
Stop Loss: $1.890 (well-defined)
R/R Ratio: Depending on your target:
TP1: ~2.5:1
TP3: ~Market Condition: Still bearish; trade is against trend, so risk is high.
✅ Recommendation:
Use Low Leverage (as you wrote — smart call).
Limit Position Size to 1% of Capital.
Wait for Confirmation Candle above trendline before entering aggressively.
Avoid if price closes below $1.89 — it would invalidate this long setup.