Support Bounce Retest: $HUT Holding Baseline Moving Average
The 15-minute chart exhibits a sharp pullback from the local peak of $106.06 down to sweep liquidity near the 24-hour low of $97.77. Price action has executed a strong lower-wick rejection and rebounded to trade around $102.30, attempting to reclaim short-term resistance levels.
Long Setup
EP: $100.50 - $102.30 TP1: $104.50 TP2: $106.50 TP3: $109.00 SL: $97.50
Why This Setup
The rapid drop found aggressive buying interest right around the MA(99) baseline at $100.73, forming a clean bullish hammer candle that defends macro structural support. Although price currently sits just below the MA(7) at $103.37 and MA(25) at $103.60, the swift recovery off the lows indicates significant demand absorbing the selloff.
Trading volume remains steady with 1.90M USDT in 24-hour volume, supporting the ongoing stabilization efforts. A successful push above the $103.60 dynamic resistance zone will confirm buyers have regained control for a full retest of the $106.06 high.
Tap the pair link below to lock in your setup before the next momentum leg triggers.$HUT
The 15-minute chart exhibits a sharp pullback from the local peak of $106.06 down to sweep liquidity near the 24-hour low of $97.77. Price action has executed a strong lower-wick rejection and rebounded to trade around $102.30, attempting to reclaim short-term resistance levels.
Long Setup
EP: $100.50 - $102.30 TP1: $104.50 TP2: $106.50 TP3: $109.00 SL: $97.50
Why This Setup
The rapid drop found aggressive buying interest right around the MA(99) baseline at $100.73, forming a clean bullish hammer candle that defends macro structural support. Although price currently sits just below the MA(7) at $103.37 and MA(25) at $103.60, the swift recovery off the lows indicates significant demand absorbing the selloff.
Trading volume remains steady with 1.90M USDT in 24-hour volume, supporting the ongoing stabilization efforts. A successful push above the $103.60 dynamic resistance zone will confirm buyers have regained control for a full retest of the $106.06 high.
Tap the pair link below to lock in your setup before the next momentum leg triggers.$HUT
