Contrarian:
$HOT has jumped 26.648% in 24h to 0.000442, but the hourly picture reads RANGE — EMA20 0.0004187 sits above EMA50 0.0004038 while MACD is marginally below its signal and RSI is 59.15.
Volume ratio 0.92 and mixed momentum place 0.000347 as support and 0.000526 as resistance. The plan is to wait for a confirmed 1h breakout or a clear rejection per ATR14 + completed 1h candles.
Do you require a 1h close above 0.000526 with volRatio rising above 0.92 to validate a breakout?
↔ RANGE watch
Support: 0.0003470 | Resistance: 0.0005260
Bull scenario: confirmation above resistance
Bear scenario: confirmation below support
Entry: N/A | TP1: N/A | TP2: N/A | TP3: N/A | SL: N/A
No confirmed trade until a breakout or rejection.
Not financial advice.
#HOTTargets #SwingWatchlist #RangeTradingNotes