$HIGH
Entry: 0.2000 – 0.2060
TP1: 0.2200
TP2: 0.2350
TP3: 0.2450
SL: 0.1940
$HIGH is currently in a significant corrective phase, testing the 0.2037 support level after a steady decline from the 0.2448 resistance area. The chart shows a series of lower highs and lower lows, indicating that the bears have been in control over the last few trading sessions. I’m cautiously neutral here; we are approaching a psychological floor, and if the bulls can defend this 0.2000 zone, we might see a decent relief bounce. Don't let the recent red candles cloud your judgment—every correction eventually looks for a base to build upon. I’m waiting for a volume spike or a bullish engulfing candle to confirm that the selling pressure is exhausted before getting aggressive. Keep your stops tight to manage the downside, watch for a reclaim of the 0.2150 level to signal a shift in momentum, and stay patient while the market finds its footing!
#HIGH #CryptoTrading #MarketCorrection #BinanceSquare #Altcoins
