$HAEDAL /USDT Trade Outlook – Bullish Continuation Toward $0.2420
HAEDAL has shown strong upside recovery after a sharp wick rejection from the $0.2398 level. The latest bullish engulfing candle on the 1-hour chart confirms renewed buyer strength, and price has reclaimed the $0.2200 support zone with volume acceleration.
Trade Setup:
Entry Zone: $0.2220 – $0.2260
Stop Loss: Below $0.2080 (key structural support)
Final Target: $0.2420 (previous high and key resistance)
Rationale:
The current price action forms a classic bullish reversal setup after a brief pullback, which signals a healthy continuation pattern. The volume profile and consecutive higher lows add confluence for further upward movement. If price sustains above $0.2260 with strength, the momentum could extend toward the $0.2420 region swiftly.
Risk Management:
Limit position size to avoid overexposure due to prior volatility near the $0.2398 level. Consider trailing stop once price breaks above $0.2360 to secure partial gains while letting the position ride to the final target.
This trade offers a solid reward-to-risk ratio if managed properly. Monitor closely for continuation candles and breakout confirmation.