H/USDT ( UPDATE )
H is trading at $0.1230, up off its recent low and holding above the descending trendline it just broke out of. Price rallied from ~$0.09 on Aug 13 to a high near $0.165 on Aug 16, pulled back hard into the $0.093–$0.100 demand zone (tested twice — Aug 14 and Aug 17, held both times), and has since reclaimed the trendline that had been capping it since the Aug 16 top.
Key levels:
Support to hold: ~$0.118–0.122 (reclaimed trendline)
Demand zone below: $0.093–$0.100
Resistance/target: $0.165 first (prior swing high), then $0.18–0.21 if momentum continues.
As long as H holds above $0.11, the structure favors a continuation higher, with the move likely coming in stages (push → pullback → push) rather than a straight line. Losing $0.11 would put that idea on hold and shift focus back to the demand zone.
$H
#MiFxTrader
#DollarFallsTo10WeekLow
#US30YearYieldHitsHighestSince2007
H is trading at $0.1230, up off its recent low and holding above the descending trendline it just broke out of. Price rallied from ~$0.09 on Aug 13 to a high near $0.165 on Aug 16, pulled back hard into the $0.093–$0.100 demand zone (tested twice — Aug 14 and Aug 17, held both times), and has since reclaimed the trendline that had been capping it since the Aug 16 top.
Key levels:
Support to hold: ~$0.118–0.122 (reclaimed trendline)
Demand zone below: $0.093–$0.100
Resistance/target: $0.165 first (prior swing high), then $0.18–0.21 if momentum continues.
As long as H holds above $0.11, the structure favors a continuation higher, with the move likely coming in stages (push → pullback → push) rather than a straight line. Losing $0.11 would put that idea on hold and shift focus back to the demand zone.
$H
#MiFxTrader
#DollarFallsTo10WeekLow
#US30YearYieldHitsHighestSince2007