💎 HOT has been a significant point of interest in the financial market, facing challenges in overcoming a key resistance area. Recently, HOT encountered a setback after being repelled at this critical level. A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the strong resistance area.
💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area.
💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area.
💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.