$HAEDAL has lost the previous $0.01895 support zone, making recovery confirmation essential.
Spot trades near $0.01807, down 4.85% over 24 hours. The daily range is $0.01740–$0.01910, with approximately $327K in spot quote turnover. Participation is modest, so position size must account for slippage.
Immediate support is $0.01795–$0.01796, followed by the $0.01740 daily low. A sustained break below $0.01740 would invalidate a local base-building thesis.
First resistance is $0.01853–$0.01854. A close above that zone followed by a successful retest would improve the bullish recovery case. The next hurdle is $0.01895–$0.01910; acceptance there would bring $0.01955 back into focus. Rejection at resistance risks another test of the lows.
A hypothetical $HAEDAL entry at $0.01800 after support confirmation, stop at $0.01780 and target at $0.01853 offers 2.65:1 reward/risk before costs. Risk no more than 0.5% of account equity.
The longer-term bullish thesis needs higher lows and reclaimed resistance. Current price structure still requires repair. NFA.
#HAEDAL #Haedal
Spot trades near $0.01807, down 4.85% over 24 hours. The daily range is $0.01740–$0.01910, with approximately $327K in spot quote turnover. Participation is modest, so position size must account for slippage.
Immediate support is $0.01795–$0.01796, followed by the $0.01740 daily low. A sustained break below $0.01740 would invalidate a local base-building thesis.
First resistance is $0.01853–$0.01854. A close above that zone followed by a successful retest would improve the bullish recovery case. The next hurdle is $0.01895–$0.01910; acceptance there would bring $0.01955 back into focus. Rejection at resistance risks another test of the lows.
A hypothetical $HAEDAL entry at $0.01800 after support confirmation, stop at $0.01780 and target at $0.01853 offers 2.65:1 reward/risk before costs. Risk no more than 0.5% of account equity.
The longer-term bullish thesis needs higher lows and reclaimed resistance. Current price structure still requires repair. NFA.
#HAEDAL #Haedal