The Setup (SHORT $HEI):
• Entry Zone: $0.1550 – $0.1650
• Invalidation / Stop Loss: $0.1820
• Target 🎯 1: $0.1350
• Target 🎯 2: $0.1100
• Target 🎯 3: $0.0850
The Market Narrative:
Following an aggressive vertical expansion to $0.5401,$HEI has entered a severe post-pump distribution phase. With initial speculative hype cooling off and volume drying up, the token is locked in a steady bleed back toward its original breakout base.
The Technical Breakdown:
On the 1-hour chart, $HEI displays a textbook bearish market structure marked by a clean sequence of lower highs and lower lows. The initial sharp drop from the peak was followed by a weak relief rally capped near $0.25, which was swiftly rejected by aggressive profit-taking and distribution.
Since that rejection, price action has been grinding down steadily without any noticeable accumulation or buying momentum to absorb the supply. As long as HEI remains capped below the $0.1820 structural lower high, the path of least resistance points down toward the key liquidity pool around $0.1350 and ultimately the baseline support at $0.0850.
Do you think HEI finds a temporary bottom around $0.13, or is it heading straight back to sub-$0.10 levels? Drop your thoughts below! 👇
#cryptotrading $HEI #altcoins #TechnicalAnalysis
Disclaimer: This is for educational purposes only and is not investment advice. Always do your own research and manage your risk.
