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$HOT /USDT – Heating Up or Losing Steam? 🔥🧊
$HOT is trading at $0.001188, sliding slightly in the last 24 hours. Is this just a cooldown before the next leg up—or a signal to take caution? Let’s dissect the setup 👇
📊 Market Overview
📍 Current Price: $0.001188
📈 24h High: $0.001261
❄️ 24h Low: $0.001134
📊 24h Volume:
HOT: 1.88B
USDT: $2.28M
📉 RSI (6): 33.35 (Nearing oversold)
📈 Volume (Latest): 44.13M HOT
📉 MA(7 / 25 / 99): $0.001215 / $0.001223 / $0.001166
📈 HOT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If HOT Reclaims $0.001215+):
Entry: Above $0.001220
Targets: $0.001261, $0.001271, $0.001300+
Stop-Loss: $0.001150
🔹 Bearish Scenario (If HOT Falls Below $0.001150):
Entry: Below $0.001150
Targets: $0.001120, $0.001068, $0.001000
Stop-Loss: $0.001200
🔍 Should You Hold or Exit?
✅ Holding near MA(99) at $0.001166—a critical long-term level
⚠️ MACD unclear, but RSI nearing oversold may lead to short-term bounce
⚠️ Failure to reclaim MA(7) = more downside risk
💡 Pro Tip:
🔍 A candle close above $0.001220 with rising volume = potential breakout!
📉 Low volume or rejection at $0.001215 = possible bearish continuation.
📢 What’s your move—buying, holding, or waiting for confirmation? Drop your thoughts below!
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$HOT #HOT #CryptoTrading #Binance #Write2Earn #ETHMarketWatch