🔥 H/USDT: Oversold Condition as a Chance for a Bounce
Brief Overview:
On the hourly timeframe, HUSD is trading near 0.06702, the market has entered a consolidation phase. Selling pressure is easing, and the oversold condition on the stochastic increases the likelihood of a local upward reversal.
🔎 Key Indicators
EMA (21): 0.06781 — price below EMA, short-term bearish context
RSI (14): 50.36 — neutral zone, potential for movement in both directions
MACD: -0.00109 — weak bearish momentum, no strengthening
Stochastic: 2.98 — deep oversold condition, a bounce is possible
📌 Trading Plan
Main Scenario — cautious long from current values with an emphasis on confirming the reversal.
Probability of scenario realization: ≈60%
🎯 Growth Targets:
0.06900 — +4.33%
0.07100 — +6.55%
0.07400 — +10.24%
➡️ Entry Points
Conservative Entry: 0.06750 — after confirmation and volume reaction
Aggressive Entry: 0.06680 — from the oversold zone
⛔️ Stop-Loss: 0.06500 — below local support, risk is controlled
🧠 Conclusion
H is in a zone where the risk is limited, and the potential for a bounce exceeds possible losses. The key is to wait for confirmation from the price and not enter without a stop. We work carefully and according to the plan 📊
Trading 👉$H
