Holo
Long

HOTUSD - Getting kind of hot💥

Updated


Anticipating this to retest the previous resistance at 0.025 in the short-term. MACD crossing bullish on the 4hr and RSI seems oversold....however on the longer time frames it still looks bearish. Good luck!

2nd target: 0.032
Moon target: 0.048










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Not trading advice
Note
HOT seems to be ranging in its current channel. It has found pretty strong support around the 0.17 price level. I anticipate for this to work its way up to 0.21ish. If the volume is present we should see it break above and move towards the top of the channel (0.25-0.26) and beyond.

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