โ๐ Quick analysis of HOT / USDT โ Are we waiting for a new breakout? ๐
โWelcome, everyone! A quick look at the chart for coin $HOT on the short-term timeframe:
โ๐น Current price: 0.0005396
๐น Key support zone: Around 0.0005130, which has proven strong in pushing the price back up.
๐น Resistance zone: The coin is currently testing key resistance levels near 0.0005980. A breakout with strong trading volume could open the door to a new upward move ๐.
โ๐ก My technical view: The current movement is leaning toward sideways trading, as the price attempts to build a solid base. Monitoring support and resistance levels is key to managing short-term trades (scalping) effectively.
โShare your thoughts in the comments: Do you expect a breakout above resistance soon, or a retest of support? ๐
โ#HOT #BinanceSquare #Technical_Analysis #Cryptotrading #ุงูุนู ูุงุช_ุงูุฑูู ูุฉ $HOT
โWelcome, everyone! A quick look at the chart for coin $HOT on the short-term timeframe:
โ๐น Current price: 0.0005396
๐น Key support zone: Around 0.0005130, which has proven strong in pushing the price back up.
๐น Resistance zone: The coin is currently testing key resistance levels near 0.0005980. A breakout with strong trading volume could open the door to a new upward move ๐.
โ๐ก My technical view: The current movement is leaning toward sideways trading, as the price attempts to build a solid base. Monitoring support and resistance levels is key to managing short-term trades (scalping) effectively.
โShare your thoughts in the comments: Do you expect a breakout above resistance soon, or a retest of support? ๐
โ#HOT #BinanceSquare #Technical_Analysis #Cryptotrading #ุงูุนู ูุงุช_ุงูุฑูู ูุฉ $HOT
