🚀 HEI/USDT — current situation
The price is now around 0.1309, and the candle reached 0.1315, with a clear daily increase +15.64%.
Most important signals:
🟢 Price is above Supertrend = 0.1146 by a very large margin → the short-term trend has become bullish.
🟢 Strong jump occurred from the 0.1125–0.1175 zone to 0.13.
🟢 The volume of the latest candle is about 10.2M HEI versus MA5 about 3.67M and MA10 about 1.9M → large trading volume entry with the move up.
🟢 The presence of a green candle on both the 4H and the daily together gives the move more weight than just a green candle on a smaller timeframe.
⚠️ But here is the very important point
The price is currently in front of the 0.1315–0.1327 zone.
Meaning I don’t consider merely touching 0.1327 a confirmed breakout.
Most important: a 4-hour candle close above the zone, and with continued trading volume, this will be a stronger technical signal that the resistance has been breached.
And if there is a breakout and a clear close above 0.1327, then this is where we start monitoring higher levels instead of focusing on the current resistance.
🔥 What if the breakout fails?
If a strong rejection appears from 0.1315–0.1327, then the pullback does not automatically mean the rally is over; first, I watch whether the price holds the 0.1276 and then 0.1226 zone or not.
Summary:
The chart is currently showing strong bullish momentum supported by volume, but the price has now reached a very important resistance area. And since the 4H and daily candles are still forming, the close matters more than the candle’s shape—it's still open. 🔥📈#