$H /USDT: Breakout Potential After Consolidation.!!!🚥
$H chart is showing a significant bullish reversal after an extended downtrend. The price is currently trading at $0.05566, marking a strong +12.24%....jump in 24 hours. Crucially, the move comes right off the 24-hour low of $0.04598, indicating strong buying pressure at this level.
The price has cleanly broken above the immediate short-term moving average (MA(7)) resistance, suggesting an aggressive shift in momentum. The overall structure looks like a strong bottoming pattern ready to retest higher resistance levels. The immediate target is the 24-hour high of $0.06317.
Traders should monitor volume for confirmation of this breakout. Maintain discipline with risk management as volatile crypto moves can reverse quickly.
🎯 Trading Plan
Buy Zone: $0.05400 - $0.05600
Stop Loss (SL): $0.04500
TP 1 : $0.06300
TP 2 : $0.07800
