A vertical pump without structural consolidation usually ends in a sharp liquidation cascade.
Following a violent expansion to 0.5401, price pulled back over 60% and is now stabilizing near its 25-period moving average on the 4-hour chart. Volume is shrinking during this drop, signaling seller exhaustion near primary support. A mean-reversion bounce toward local moving averages remains probable if buyers defend this level.
Trade Setup: Asset: $HEI Pairing: USDTBTC Bias: LONG Entry Zone: 0.1700 - 0.1780 SL: 0.1550 TP1: 0.2200 TP2: 0.2700 TP3: 0.3400
Is this a bottom formation or a pause before lower prices?
$HEI
Following a violent expansion to 0.5401, price pulled back over 60% and is now stabilizing near its 25-period moving average on the 4-hour chart. Volume is shrinking during this drop, signaling seller exhaustion near primary support. A mean-reversion bounce toward local moving averages remains probable if buyers defend this level.
Trade Setup: Asset: $HEI Pairing: USDTBTC Bias: LONG Entry Zone: 0.1700 - 0.1780 SL: 0.1550 TP1: 0.2200 TP2: 0.2700 TP3: 0.3400
Is this a bottom formation or a pause before lower prices?
$HEI