a short technical analysis and trade signal for $HIGH 💯🔥

/USDT as of May 8, 2025:

Technical Analysis:

Trend: Bullish (Strong upward momentum with +26.9% daily gain)

Support: $0.700

Resistance: $0.787 (recent high)

Volume: High trading volume indicates strong interest and potential continuation

Indicators (suggested):

RSI likely nearing overbought (>70)

MACD bullish crossover (likely positive)

Trade Signal:

Type: Long (Buy)

Entry Zone: $0.740 – $0.770 (on slight pullback or breakout above $0.787)

Stop Loss: $0.695 (below support)

Targets 🎯:

Target 1: $0.820 (short-term)

Target 2: $0.860 (medium-term)

Target 3: $0.900 (bullish extension)

Momentum: Strong bullish momentum — ideal for short- to mid-term traders watching for breakout continuation.

#BTCtrade #TradeStories #StripeStablecoinAccounts #BTCBreaks99K #FOMCMeeting