$HAEDAL is testing support after rejection from $0.03236.
Spot trades near $0.02642, down 3.51% over 24 hours. The daily range is $0.02586–$0.03236, with approximately $3.96M in spot quote turnover. The wide range calls for smaller sizing and explicit slippage allowances.
Immediate support is $0.02586–$0.02583. A sustained break would expose $0.02537, followed by $0.02404. Recovery first requires a reclaim of $0.02661, the prior daily low, then $0.02885, the rolling 24-hour VWAP.
Holding above VWAP on a retest would improve the bullish scenario toward $0.02953 and $0.03000. Rejection below VWAP leaves sellers with the near-term advantage.
An illustrative $HAEDAL entry at $0.02665 after reclaim confirmation, stop at $0.02575 and target at $0.02885 offers roughly 2.44:1 reward/risk before costs. Limit account risk to 0.5%; skip the trade if execution materially reduces that ratio.
The longer-term recovery needs higher lows. Sustained acceptance below $0.02583 weakens this local setup. NFA.
#HAEDAL #Haedal
Spot trades near $0.02642, down 3.51% over 24 hours. The daily range is $0.02586–$0.03236, with approximately $3.96M in spot quote turnover. The wide range calls for smaller sizing and explicit slippage allowances.
Immediate support is $0.02586–$0.02583. A sustained break would expose $0.02537, followed by $0.02404. Recovery first requires a reclaim of $0.02661, the prior daily low, then $0.02885, the rolling 24-hour VWAP.
Holding above VWAP on a retest would improve the bullish scenario toward $0.02953 and $0.03000. Rejection below VWAP leaves sellers with the near-term advantage.
An illustrative $HAEDAL entry at $0.02665 after reclaim confirmation, stop at $0.02575 and target at $0.02885 offers roughly 2.44:1 reward/risk before costs. Limit account risk to 0.5%; skip the trade if execution materially reduces that ratio.
The longer-term recovery needs higher lows. Sustained acceptance below $0.02583 weakens this local setup. NFA.
#HAEDAL #Haedal