$FORM/USDT

Current Price: 1.23
Entry price: 1.15
Target price:

- TP1: 1.2000 (Fibonacci 38.2% extension level)
- TP2: 1.2500 (neckline breakout level/Fibonacci 61.8% extension level)
- TP3: 1.3000 (Fibonacci 261.8% extension level)
Stop Loss Price: Below 1.1000

Reason for buying:

1. Form Confirmation:
- The daily level has formed an "ascending triangle" breakout pattern (lasting for 18 trading days), with the neck level at 1.2000
- Measure of increase = Triangle height × 1.618 = 0.05 → Target price 2 = 1.1500 + 0.05 = 1.2000 (rounded up to 1.2500)
2. Trend Structure:
- The weekly level breaks through the descending trend line (connecting the Q3 2024 high points), and the price stands above MA(50) 1.1800
- The short-term trend is upwards, with the Bollinger Band's middle line moving up to 1.2200
3. Breakthrough Potential:
- After breaking 1.2000, open up the upward space of 1.3000+ (Fibonacci 261.8% extension level)
- If an effective breakthrough occurs, it may trigger the liquidation of 2.0x leveraged contracts.
4. Indicator Verification:
- RSI(14)=65 (neutral to bullish), MACD red bars widen, double line golden cross
- OBV indicator reached a new 15-day high, indicating capital inflow
- The trading volume must exceed 2.5 times the daily average at the breakout.

Key technical features:

- Morphological Parameters:
- Length of the base of the triangle: 18 trading days (daily chart)
- Neckline position: 1.2000 (connecting the upper edge of the triangle)
- Fibonacci Extension:
- 1.2000 = (1.1000 → 1.1500 increase) × 0.382 + 1.1500
- 1.2500 = (1.1000 → 1.1500 increase) × 1.618 + 1.1500
- 1.3000 = (1.1000 → 1.1500 increase) × 2.618 + 1.1500
- Wave structure:
- The third wave main upward wave: 1.1000→1.3000 (target price 3)
- Currently in the 3rd wave of the 3rd sub-wave (1.1500→1.3000)

This content is for reference only and does not constitute investment advice.