$HAEDAL is approaching a recovery test at $0.01864.
Spot trades near $0.01856, up 4.09% over 24 hours, within a $0.01779–$0.01864 range. Spot quote turnover is approximately $175K. The price recovery is constructive, but limited turnover makes breakout confirmation and execution discipline essential.
A close above $0.01864 followed by a successful retest would strengthen the bullish scenario. The next resistance levels are $0.01879 and $0.01906–$0.01929.
Immediate support is $0.01824, followed by $0.01779–$0.01771. Rejection at $0.01864 could bring those areas back into play. A sustained loss of $0.01771 would weaken the local recovery structure.
A hypothetical pullback entry at $0.01825 after support confirmation, stop at $0.01805 and target at $0.01879 offers 2.7:1 reward/risk before fees and slippage. Limit account risk to 0.5% and size against actual order-book depth.
The longer-term bullish case improves if $HAEDAL converts reclaimed resistance into support and builds higher lows. Avoid treating an unconfirmed breakout as an established uptrend. NFA.
#HAEDAL #Haedal
Spot trades near $0.01856, up 4.09% over 24 hours, within a $0.01779–$0.01864 range. Spot quote turnover is approximately $175K. The price recovery is constructive, but limited turnover makes breakout confirmation and execution discipline essential.
A close above $0.01864 followed by a successful retest would strengthen the bullish scenario. The next resistance levels are $0.01879 and $0.01906–$0.01929.
Immediate support is $0.01824, followed by $0.01779–$0.01771. Rejection at $0.01864 could bring those areas back into play. A sustained loss of $0.01771 would weaken the local recovery structure.
A hypothetical pullback entry at $0.01825 after support confirmation, stop at $0.01805 and target at $0.01879 offers 2.7:1 reward/risk before fees and slippage. Limit account risk to 0.5% and size against actual order-book depth.
The longer-term bullish case improves if $HAEDAL converts reclaimed resistance into support and builds higher lows. Avoid treating an unconfirmed breakout as an established uptrend. NFA.
#HAEDAL #Haedal