HOT/USDT In the crucial zone, Need to Break to continue upward
Updated
💎 HOT has undeniably captured our attention. Currently, HOT is navigating a pivotal resistance zone and is encapsulated within a descending channel. For HOT to embark on an upward trajectory and validate its bullish potential, it needs to breach both the channel's resistance and the nearby resistance level.
💎 Should HOT stumble at this resistance juncture, it might retreat to the demand zone to gather momentum for another upward push. A successful breakout, especially with a daily candle close above, would serve as a strong bullish indicator, potentially propelling HOT towards the significant resistance at $0.001071.
💎 On the downside, if HOT struggles to maintain its position within the demand zone upon retesting, it might descend towards the support range of $0.000989 - $0.000976. A breach of this could further push HOT towards a critical support level.
💎 Should HOT stumble at this resistance juncture, it might retreat to the demand zone to gather momentum for another upward push. A successful breakout, especially with a daily candle close above, would serve as a strong bullish indicator, potentially propelling HOT towards the significant resistance at $0.001071.
💎 On the downside, if HOT struggles to maintain its position within the demand zone upon retesting, it might descend towards the support range of $0.000989 - $0.000976. A breach of this could further push HOT towards a critical support level.
Trade closed: target reached
🌴 HHOT Free Signal update🌴💎The targets for #HOT/USDT have been successfully met 🍾
💎Profit generated: 19.56% 📈
💎Duration: 8 Hours 44 Minutes ⏰
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