#HOT
The price is moving within a descending channel on the 1-hour timeframe. It has reached the lower boundary and appears set for a rebound; a retest of this boundary is expected, which should support an upward move.
The Relative Strength Index (RSI) indicates a downward trend, but given the "oversold" condition on the 1-hour timeframe, there is a high probability of an upward breakout from this downtrend.
An orange trend line is present, supporting an upward rebound.
There is an initial support level at 0.000338, which acts as a primary support zone for the price.
A key support zone, marked in green, exists at 0.000323; the price has rebounded from this area multiple times, making it a strong support level.
A key support zone, marked in green, exists at 0.000323; the price has rebounded from this area multiple times, making it a strong support level.
The price is moving toward the 200-period moving average—a level we are currently approaching—which further supports an upward move.
Entry Price: 0.000362
Target 1: 0.000369
Target 2: 0.000380
Target 3: 0.000394
Stop Loss: At the green support zone.
Remember this simple rule: capital management.
If you have any questions, please leave a comment.
Thank you.
#Holo #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5% $HOLO
The price is moving within a descending channel on the 1-hour timeframe. It has reached the lower boundary and appears set for a rebound; a retest of this boundary is expected, which should support an upward move.
The Relative Strength Index (RSI) indicates a downward trend, but given the "oversold" condition on the 1-hour timeframe, there is a high probability of an upward breakout from this downtrend.
An orange trend line is present, supporting an upward rebound.
There is an initial support level at 0.000338, which acts as a primary support zone for the price.
A key support zone, marked in green, exists at 0.000323; the price has rebounded from this area multiple times, making it a strong support level.
A key support zone, marked in green, exists at 0.000323; the price has rebounded from this area multiple times, making it a strong support level.
The price is moving toward the 200-period moving average—a level we are currently approaching—which further supports an upward move.
Entry Price: 0.000362
Target 1: 0.000369
Target 2: 0.000380
Target 3: 0.000394
Stop Loss: At the green support zone.
Remember this simple rule: capital management.
If you have any questions, please leave a comment.
Thank you.
#Holo #JapanFSAPublishesOnChainFinanceForumMinutes #BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5% $HOLO