Yes, it
is possible — but it's not an easy move, it's a big move.
Let's break down the math:
Current price: ∼$0.00052 today
Your plan:
- First come back down to $0.00045 — that's a retest / support
- Then from there go up to $0.001
Calculation:
- $0.00045 to $0.001 = +122%
- From today's $0.00052 to $0.001 = +92%
So HOT would have to more than double its price.
When will this happen?
1. If $0.00045 holds:
That becomes a strong support. Then the targets look like this:
- Target 1: $0.00060
- Target 2: $0.00075 — it will pause a bit here
- Target 3: $0.001 — final target
For this, BTC needs to stay stable / up, and HOT needs volume to come in. Without volume, $0.001 is difficult.
2. If $0.00045 breaks:
Then the $0.001 plan is cancelled. It can go down to $0.00038 - $0.00030. Some forecasts even show a 1-year average around $0.00038.
My opinion:
Your thinking is in the right direction — first dip, then pump. This happens very often.
But for $0.001:
- You need a strong bounce + volume at $0.00045
- It has to break $0.00066, which was this year's high — the 52-week range is $0.00028 to $0.00066
Strategy: Don't put all your money at once at $0.00045. Buy in small parts, and keep a stop-loss below $0.00042.