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HOTUSDT trade ideas

HOT/USDT upward momentum ? 👀🚀 HOLO Today Analysis💎 Paradisers, observe the current pattern of #HOTUSDT, which is showing promising signs of a bullish continuation from its current demand zone. 💎#HOLO has recently been on a downward path, marked by lower highs and lower lows, following a rejection from its supply zone. This trajectory suggests a strong possibility for a bullish turnaround, particularly once the price reaches the demand level at $0.001752. If #HOT manages to maintain its momentum at this critical juncture, we could witness a significant bullish leap. 💎 However, as astute traders, we also keep an eye out for alternate bullish rebound points. Should the aforementioned demand level not hold, the next key area to watch is the demand level at $0.001517. This level is notably significant, having previously spurred a robust bullish response, and is backed by considerable liquidity. 💎 Staying vigilant and adaptable is key, as the evolving market conditions may necessitate shifts in our trading strategy.
Long
by MyCryptoParadise
1
HOT/USDT Could HOT Breakout the resistance ?? or Rejects again💎 HOT has been a significant point of interest in the financial market, facing challenges in overcoming a key resistance area. Recently, HOT encountered a setback after being repelled at this critical level. A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the strong resistance area. 💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area. 💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
by MyCryptoParadise
HOT/USDT Assessing Breakout Potential Above Resistance?👀🚀HOT💎 Paradisers, let's examine #HOTUSDT as it's currently showing an intriguing market behavior. The asset is in the process of challenging a significant resistance level, laying the groundwork for its next strategic move. 💎 Looking back at #HOLO recent journey, we've observed its adherence to a descending channel pattern, followed by a break above. Although LSE:HOT faced a rejection at the robust resistance level of $.0002369, it's gearing up for another breakout attempt. A successful breach of this level could significantly increase the likelihood of an upward trend. 💎 However, there's an important caveat to consider. If #HOT fails to penetrate this strong resistance, it may pivot towards a bullish resurgence from the key support level of $0.001761. Conversely, a decline below this support could indicate the onset of a downtrend, underscoring the need for prudent trading decisions. 🌴💰
Long
by MyCryptoParadise_Simon
HOT Future RoadmapHOTUSDT Weekly Chart- These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon. Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues. Key areas of resistance: (Areas to take profit, areas that will provide potential pullbacks for safer entries) Market is in GREED mode right now so best to be waiting and watching for opportunities to present themselves. My goal is to share my knowledge to help regular folks like myself trade safer, and transition into the 10% of Market winners. Thanks for your time! Please like and follow me here for more crypto analysis. **Not financial advice, just my 2 cents.
by Cosmicbag
HOT/USDT Break the Key Area. Upward Momentum ???💎 HOT has indeed captured the market's attention with its recent breakout above a key supply level, signaling the potential for continued upward momentum. Presently, HOT may enter a retesting phase at the demand area, previously a supply zone, at $0.001460. 💎 A successful bounce from this level, Probability could see HOT's price move smoothly toward the targeted supply and bearish order block (OB) areas. 💎 However, should HOT fail to show bullish rejection during the retest at the demand area, it could indicate an inability to sustain higher prices, leading to a breakdown below this level. Such a scenario would suggest a false breakout, with HOT potentially entering a downward trend towards the next lower demand zone, and possibly retreating all the way back to the key support area.
by MyCryptoParadise
2
HotUsdt leave channelAfter the disaster of SBN, all related tokens and coins fell more severely, but now, little by little, with Solana, good projects are rising again. Hat can now be prepared for a powerful move by exiting this downward channel of more than a year. Of course, the suggestion is for Yadel, not for futures, but you can use it for trades with your strategy. I have tried to specify all possible goals for you in the short term and even after the halving. Good luck Entrypoint: 0.002010 0.001932 0.001698 Supports: 0.001530 0.001380 0.001190 0.000985 Resistances: 0.002185 0.002465 Targets: 0.002775 0.003707 0.004430 0.005375 0.006535 Midtime: 0.008612 0.011470 0.014387 0.020983 HODL: 0.033720 0.056446 0.082107 and: 0.131320 0.082107 Don't forget that all hold targets may not be available
Long
by Shivaz
Holochain $HOT Fundamental and Technical play1. Prevailing Trend: The chart illustrates that HOT has been in a significant downtrend, marked by the descending trendline. This trendline is drawn by connecting the lower highs, which is a characteristic of a bearish market phase. 2. Recent Price Action: There's a visible break of the descending trendline, with the price moving above it. This breakout could be interpreted as a bullish signal, indicating a potential reversal of the downtrend. 3. Support and Resistance Levels: Horizontal lines on the chart likely represent key support and resistance areas. These are prices at which the asset has frequently reversed direction. The price is currently between two such levels, with the potential to move towards the upper resistance if the bullish momentum continues. 4. Volume Data: The volume appears relatively low compared to the volume seen during previous significant price movements. Sustained or increasing volume would be necessary to confirm a strong bullish reversal. 5. Potential for Retest: After a breakout, it's common for the price to retest the trendline from the other side. If the price retests the trendline and holds above it, it could serve as confirmation of the trend change. 6. Long-Term Trajectories: The chart extends into the future with the trendlines. If the current breakout is sustained, these lines could indicate potential long-term pathways for price action.
Long
by Taoh
2