🔥 HOT/USDT #HOT $HOT
— Strong test for the demand zone: do we see a bounce or a break?
The price is trading at $HOT inside a descending channel on the hourly timeframe, having touched the lower bound, placing the price at a critical moment: a new upward bounce or a break towards lower levels.
🔍 Technical analysis highlights:
• RSI in a low area suggests a likelihood of a near-term upward bounce.
• The green support area at 0.000490 has previously proven its strength after several bounces from it.
• The price is approaching the 100 moving average, and holding above it could open the way for a stronger upward movement.
• The price action over the coming hours will determine whether the market is in an accumulation phase or preparing for a new break.
📥 Suggested entry price: 0.000517
🎯 Targets:
TP1: 0.000529
TP2: 0.000545
TP3: 0.000567
⛔ Stop loss: below the support area 0.000490
💡 Important reminder:
Capital management is what protects you the most… stick to a clear trading plan.
-#Binanceholdermmt #BinanceBlockchainWeek #BTC86kJPShock $BTC #تحليل_العملات_الرقمية
