#HOT Analysis:
@Follow&Like
The price is currently testing a major resistance area and was rejected on the first attempt. It is advisable to wait for a clearer signal before proceeding—either a breakout or a rejection. We will consider opening a new long position once a daily candle closes above the $0.001500 level.
Major Resistance Area: $0.001275 - $0.001430
$HOT, the native token of the Holo network, powers a unique decentralized hosting platform designed to bridge traditional web technologies with blockchain-powered dApps. Unlike typical blockchains, Holo uses a distributed hash table (DHT) system and agent-centric architecture, offering scalability and lower energy consumption. Holochain apps run independently but sync when needed, giving users greater control over data and privacy. $HOT facilitates transactions within the ecosystem, especially for hosting services.