Market analysis; $HOT is showing a bearish trend on the daily chart. RSI is around 45, indicating weak momentum. Buyers need to defend support before a stronger recovery can develop.
CoinMarketCap+2
Key price levels
HOT/USDT approximate technical levels in USD.
$0$0.00015$0.0003$0.00045SupportCurrentResistanceNext resistance
Support: $0.000341
Resistance: $0.000369
Next resistance: $0.000392
Overall outlook: Bearish
Trading view: A daily close above $0.000369 could indicate recovery. A breakdown below $0.000341 may lead to further downside
#BinanceReopensWithdrawalsForHYPE&APT #SouthKoreaDraftLawTargets15To20%ShareholderCap #TradFiForBeginners
CoinMarketCap+2
Key price levels
HOT/USDT approximate technical levels in USD.
$0$0.00015$0.0003$0.00045SupportCurrentResistanceNext resistance
Support: $0.000341
Resistance: $0.000369
Next resistance: $0.000392
Overall outlook: Bearish
Trading view: A daily close above $0.000369 could indicate recovery. A breakdown below $0.000341 may lead to further downside
#BinanceReopensWithdrawalsForHYPE&APT #SouthKoreaDraftLawTargets15To20%ShareholderCap #TradFiForBeginners
