🟢 HIGH/USDT Technical Analysis: Metaverse Momentum Returns
HIGH/USDT is showing significant bullish momentum, currently trading at $0.256 after a strong 23%+ breakout move today. The price has reclaimed the $0.25 level, and the RSI (66.37) confirms this momentum without being extremely overbought yet.
The immediate key support has now shifted to the breakout level around $0.240. The nearest major resistance is the 24H high at $0.295.
Action Plan (Breakout Play):
Entry: Look for a continuation entry if the price successfully holds above $0.250 or on a pullback retest of this level.
Stop-Loss: A decisive drop and close below $0.220 invalidates the current bullish structure.
Take Profit (TP) Levels: Scale out profits based on recent structural highs:
TP 1: $0.290 (Targeting the 24H high for a break).
TP 2: $0.320 (Testing the next resistance from the recent spike).
TP 3: $0.350 (The major psychological target).
Disclaimer: Metaverse tokens can be volatile. Trade with caution and use a stop-loss. Not financial advice.$HIGH
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