Technical Analysis for HEI/USDT - A Look at the 4-Hour Time Frame
Current Price: $0.3381
24-Hour Change: +2.21%
24-Hour High: $0.3506
24-Hour Low: $0.3299
Overview: The HEI coin has seen a strong rebound from the strong support area at $0.3115, with bullish candles appearing and a higher low being formed, indicating the potential beginning of an upward wave.
MACD Indicator:
A positive crossover between the MACD line and the signal line is visible in the negative area, reinforcing the likelihood of continued bullish momentum in the coming hours.
Target Resistance Levels (Upward Targets):
First Target: $0.3476 (Previous Resistance Area)
Second Target: $0.3679
Third Target: $0.3883
Nearby Support:
$0.3299 then $0.3115 (Breaking these levels may indicate a change in scenario)
Expected Scenario:
If it holds above 0.3380 and breaks above the next resistance at 0.3476, positive momentum is expected to continue towards 0.3679 then 0.3883.