$HEI 📊 Momentum is strengthening, but the RSI indicator is starting to enter the hot zone
HEI is currently trading at around 0.1659 USDT, up 36.43% over the past 24 hours. The price briefly touched 0.1782, suggesting increased buyer interest after a long period of consolidation in the low range.
Technically, short-term momentum has begun shifting to an upward trend. Price has moved above MA7, MA25, and MA99, while the Supertrend is at 0.1137, so the uptrend structure remains largely positive. Trading volume has also increased alongside the price rise, confirming that market activity is picking up.
However, RSI(6) is around 77, indicating that the situation is approaching an overbought (peak-buy) zone. This means the likelihood of a pullback or taking profits increases if buyers fail to maintain buying pressure. MACD has also started showing positive momentum, supporting the possibility that the rebound may continue.
The 0.178–0.192 area represents an important resistance zone. If it is successfully broken with strong trading volume, HEI could continue to rise. Conversely, a drop below 0.153–0.14 could open the door for a deeper correction. Volatility remains high, so confirmation of the breakout is important.