a short technical analysis and trade signal for $HIGH šŸ”„šŸ’Æ

/USDT based on the current market data:

Technical Analysis – HIGH/USDT

Current Price: $0.629

Trend: Bullish (Strong +21.66% move with high volume)

Momentum: Rising; price is above key short-term moving averages

Resistance Levels: $0.665 (24h High), $0.673 (Depth chart top)

Support Levels: $0.606, $0.573 (Depth chart), and strong base at $0.493 (24h Low)

Volume: Strong buying pressure (HIGH volume at 23.52M)

Trade Signal:

Buy on breakout above $0.635–$0.640 zone with high volume confirmation.

Stop-loss: $0.605 (below support zone)

Targets šŸŽÆ:

Target 1: $0.665 (Short-term resistance)

Target 2: $0.690 (Next psychological and chart level)

Target 3: $0.725 (Extended target if momentum continues)

Momentum:

Bullish with high confidence, driven by strong volume and metaverse narrative. Watch for profit-taking near $0.665 and re-entry chances on dips.

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