$HOT is still showing bearish pressure after the sharp candle, now trading at $0.000409 and down 8.71% in 24h. The 4h chart has slipped another 6%, while RSI at 46 and mixed moving averages point to chop with a downside bias. Volume is only 0.5x its 20-day average, so conviction is limited. Funding sits at -0.017%, meaning shorts are paying to stay open. Confirmation matters before chasing. #HOT #Altcoin

Inspired by Cheese 404 on Binance Square.