$HIGH /USDT – Bullish Momentum Builds as Price Eyes Higher Levels
$HIGH is displaying strong upward movement, fueled by increased volume and a successful breakout above previous resistance at $0.696. While bulls are in control, a healthy pullback into the $0.660–$0.680 zone could offer a prime entry for the next leg up.
Technical Overview:
Current Price Action: Momentum-driven surge, testing key resistance
Support Zone: $0.660 (watch for pullback and consolidation)
Resistance Levels: $0.696 (local breakout), $0.740 (next ceiling)
Pivot Level: $0.680 – critical for short-term trend control
Trade Strategy:
Entry Zone: $0.660–$0.680 (prefer entry on dip or consolidation base)
Stop Loss: $0.640 (below structure and 4H MA support)
Targets:
• T1: $0.705 (previous high retest)
• T2: $0.740 (breakout zone)
• T3: $0.785 (strong resistance zone)
Pro Tip:
Monitor buy volume closely. If $HIGH breaks and holds above $0.705 with sustained bullish pressure, consider adjusting your stop to lock in gains while letting the trade run toward higher targets.
This could be the setup to catch the next breakout wave—stay sharp.
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