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$HAEDAL - Preparing for a Rebound from the Bottom
Haedal has completed a bottoming pattern, clearly holding the 0.0408 support level.
Selling pressure has significantly decreased, and trading volume has steadily decreased, entering a convergence phase.
The slope of the short-term moving average has flattened, and the lows have not fallen further, signaling a trend reversal.
The appearance of a bullish candlestick with significant trading volume also confirms the initial rebound structure.
The short-term target is 0.058-0.065,
and the medium-term target is 0.09 if the MA (99) recovers.
Additionally, the recent stable sideways movement of candlesticks indicates a bottom-up accumulation trend,
and the overall market is quickly pricing in the possibility of a rebound rather than downside momentum.
Furthermore, the reduced volatility suggests a major directional move is imminent,
and technically, the price is in a more favorable zone for an upside breakout.
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