$HEI Pullback After a Near 100% Rally Watching for Bullish Continuation
$HEI delivered an explosive move and is now cooling off after rejecting near the local highs. The current pullback appears to be profit-taking, and if buyers defend the breakout zone, the uptrend could resume with another impulsive leg higher.
I am using this trade plan: Long
Entry: 0.1820 – 0.1860
Stop Loss: 0.1720
Target 1: 0.1980
Target 2: 0.2100
Target 3: 0.2250
Despite the recent rejection, the overall market structure remains bullish with higher highs and higher lows. Holding above the $0.18 support region would keep momentum in favor of the bulls and increase the probability of another breakout attempt.
#TaiwanPlansCryptoTravelRuleFromOctober #USTelecomStocksFallPreMarket
$HEI delivered an explosive move and is now cooling off after rejecting near the local highs. The current pullback appears to be profit-taking, and if buyers defend the breakout zone, the uptrend could resume with another impulsive leg higher.
I am using this trade plan: Long
Entry: 0.1820 – 0.1860
Stop Loss: 0.1720
Target 1: 0.1980
Target 2: 0.2100
Target 3: 0.2250
Despite the recent rejection, the overall market structure remains bullish with higher highs and higher lows. Holding above the $0.18 support region would keep momentum in favor of the bulls and increase the probability of another breakout attempt.
#TaiwanPlansCryptoTravelRuleFromOctober #USTelecomStocksFallPreMarket
