๐ HUT โ BOUNCE FROM LOWS & TESTING MA RESISTANCE! ๐ข
$HUT (Hut 8) is trading higher at 95.59 (-0.47% overall session adjustment), bouncing off a 24h low of 91.75 toward a 24h high of 96.20. Price action on this 4H chart is showing short-term recovery, pressing against the fast MA(7) (93.70) and testing the MA(25) (96.13) cluster from below.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 89.00โ94.00 (on consolidation and successful defense near local demand support)
๐ STOP LOSS: 86.50
๐ฏ TP1: 102.00
๐ฏ TP2: 110.00
Are you tracking this HUT recovery phase as it tests the moving average resistance, or waiting for a confirmed breakout? Let's discuss below! ๐
๐ Trade: $HUT
#hut #Hut8 #cryptotrading #BinanceSquare #Recovery
$HUT (Hut 8) is trading higher at 95.59 (-0.47% overall session adjustment), bouncing off a 24h low of 91.75 toward a 24h high of 96.20. Price action on this 4H chart is showing short-term recovery, pressing against the fast MA(7) (93.70) and testing the MA(25) (96.13) cluster from below.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 89.00โ94.00 (on consolidation and successful defense near local demand support)
๐ STOP LOSS: 86.50
๐ฏ TP1: 102.00
๐ฏ TP2: 110.00
Are you tracking this HUT recovery phase as it tests the moving average resistance, or waiting for a confirmed breakout? Let's discuss below! ๐
๐ Trade: $HUT
#hut #Hut8 #cryptotrading #BinanceSquare #Recovery
