+278% in a single day. RSI at 93. Volume 5x normal. If you weren't in this trade BEFORE today, you're already too late.
๐ The Monster Move:
โข Price: $0.5316 (+278.63%) โ almost 4x in 24 hours
โข RSI: 93.4 on 4H โ the most overbought reading I've seen this month
โข Volume: $80.8M at 5.04x normal โ pure mania
โข Long/Short ratio: 0.4 โ shorts are getting absolutely wrecked
โข Price is 228% above its 7-day SMA โ this is maximum extension
๐ฏ The Reality Check:
I'm not going to pretend there's a "clean" trade setup here. When RSI hits 93, normal technical analysis goes out the window. This is momentum-fueled speculation, not trading.
IF you're already holding from $0.10-$0.20 levels: CONSIDER taking partial profits. Nothing goes up in a straight line forever.
IF you're watching from the sidelines: DO NOT enter here. The risk/reward is completely unfavorable. Wait for the inevitable pullback and see where support forms.
Key levels on the way down:
โข First support: $0.40 (25% retracement)
โข Deeper support: $0.30 (50% retracement)
โข 7-day SMA: $0.32
๐ญ The $1M question: Does HEI pump another 50% from here, or give back 50%? The smart money is taking profits, not adding.
#HEI #CryptoGains #DYOR
โ ๏ธ Disclaimer: This is technical analysis, not financial advice. Crypto is extremely volatile. DYOR. Manage your risk. Never trade more than you can afford to lose.