$HOT
$HOT ๐ฅ | HOT coin under watchโฆ Is a new rally on the way? ๐
HOT caught our attention after a strong rise of nearly 18% in a day, prompting us to put it on our technical watchlist.
๐ What are we seeing on the chart?
๐น Buying momentum remains positive.
๐น The RSI on the 1-hour timeframe is at 62.74.
๐น The MACD indicator remains in positive territory.
๐น Trading volume increased noticeably during the upward move.
๐ฏ What will we be watching in the coming period?
1๏ธโฃ A breakout above the 0.00055โ0.00056 zone with a strong close and high trading volume.
2๏ธโฃ A retest of the breakout zone and its transformation into support.
3๏ธโฃ Holding the 0.00050 zone, as a break below it could open the way for a deeper correction toward 0.000482.
๐ Our plan: We wonโt chase the price after its rise. Instead, weโll watch how it behaves around resistance and support levels, and wait for a clear technical signal before considering any entry.
๐ฅ Will we see a new rally in HOT, or does it need a correction first?
Share your thoughts in the comments.
โ ๏ธ This post is for monitoring and technical analysis only. It is not a buy recommendation or a guarantee of a rise. Levels may change with market movements.
#ุงูููุตู_ููุชุญููู_ุงูููู
#HOT #Holo #Binance #Crypto #Technical_Analysis #Cryptocurrencies
$HOT ๐ฅ | HOT coin under watchโฆ Is a new rally on the way? ๐
HOT caught our attention after a strong rise of nearly 18% in a day, prompting us to put it on our technical watchlist.
๐ What are we seeing on the chart?
๐น Buying momentum remains positive.
๐น The RSI on the 1-hour timeframe is at 62.74.
๐น The MACD indicator remains in positive territory.
๐น Trading volume increased noticeably during the upward move.
๐ฏ What will we be watching in the coming period?
1๏ธโฃ A breakout above the 0.00055โ0.00056 zone with a strong close and high trading volume.
2๏ธโฃ A retest of the breakout zone and its transformation into support.
3๏ธโฃ Holding the 0.00050 zone, as a break below it could open the way for a deeper correction toward 0.000482.
๐ Our plan: We wonโt chase the price after its rise. Instead, weโll watch how it behaves around resistance and support levels, and wait for a clear technical signal before considering any entry.
๐ฅ Will we see a new rally in HOT, or does it need a correction first?
Share your thoughts in the comments.
โ ๏ธ This post is for monitoring and technical analysis only. It is not a buy recommendation or a guarantee of a rise. Levels may change with market movements.
#ุงูููุตู_ููุชุญููู_ุงูููู
#HOT #Holo #Binance #Crypto #Technical_Analysis #Cryptocurrencies