Here's a long trade signal for USDT, indicating a potential bullish reversal from a demand zone and targeting above $105,000.
The price has shown a strong reaction from the key support level around $101,500, establishing a bullish foundation. The presence of a rejection wick and the subsequent consolidation above $102,000 suggest underlying buyer strength. If the price successfully maintains this level, we anticipate a rally towards the $105,000 - $106,000 resistance area.
Trade Setup:
* Entry Point: $102,000 - $102,300
* Stop Loss: $101,491
* Take Profit Targets: $105,559 / $105,791 / $106,436
* Margin: 2-3% of wallet
* Leverage: 10x