$HOT 4H STRONG REVERSAL 🚀 ... Bulls Are Waking Up!
$HOT has staged a massive recovery, bouncing hard from a 24h low of 0.0004129 to a high of 0.0005980. Currently trading around 0.0005186 (+23.72%), the 4H chart shows a strong uptrend breaking out of a long consolidation phase.
Price is currently cooling off slightly after tagging the local top, but buyers are clearly stepping in on dips.
A strong continuation here could push price towards the 0.0006128 resistance level.
If momentum returns, even higher levels are possible.
As long as 0.0004832 holds as immediate support, I still see a chance for another leg up.
Still risky ... Buyers need to show strength and reclaim 0.0005480 first.
Use stop loss while trading.
Trade on $HOT
$HOT has staged a massive recovery, bouncing hard from a 24h low of 0.0004129 to a high of 0.0005980. Currently trading around 0.0005186 (+23.72%), the 4H chart shows a strong uptrend breaking out of a long consolidation phase.
Price is currently cooling off slightly after tagging the local top, but buyers are clearly stepping in on dips.
A strong continuation here could push price towards the 0.0006128 resistance level.
If momentum returns, even higher levels are possible.
As long as 0.0004832 holds as immediate support, I still see a chance for another leg up.
Still risky ... Buyers need to show strength and reclaim 0.0005480 first.
Use stop loss while trading.
Trade on $HOT
