$HOLO — BEARISH SHORT SETUP
HOLO is under heavy selling pressure after the rejection from $0.10166. Price has continued making lower highs and lower lows, and it is now testing the key $0.05642 support zone.
A bounce from this area is possible, but if buyers fail to reclaim $0.06162, sellers may remain in control. The cleaner setup is to wait for a rejection or a confirmed breakdown below $0.05642.
Entry: $0.05700 – $0.06050
TP1: $0.05300
TP2: $0.04950
TP3: $0.04790
Stop Loss: $0.06280
Confirmation: A 4H close below $0.05642 can strengthen the bearish continuation toward $0.05300–$0.04790. Reclaiming $0.06162 would weaken the short setup.
HOLO is under heavy selling pressure after the rejection from $0.10166. Price has continued making lower highs and lower lows, and it is now testing the key $0.05642 support zone.
A bounce from this area is possible, but if buyers fail to reclaim $0.06162, sellers may remain in control. The cleaner setup is to wait for a rejection or a confirmed breakdown below $0.05642.
Entry: $0.05700 – $0.06050
TP1: $0.05300
TP2: $0.04950
TP3: $0.04790
Stop Loss: $0.06280
Confirmation: A 4H close below $0.05642 can strengthen the bearish continuation toward $0.05300–$0.04790. Reclaiming $0.06162 would weaken the short setup.