$HOT
bullish outlook for the $HOT/USDT trading pair on Binance. Here are the key points and trade setup details mentioned in the article:
- $HOT has experienced a bullish surge, with a strong vertical candle and high volume backing the move.
- The price is currently holding above the $0.00102 breakout zone, indicating a potential for further upside.
- Trade Setup (LONG):
- Entry Zone: $0.001030 – $0.001050
- Target 1: $0.001080
- Target 2: $0.001115
- Stop Loss: $0.001000
- The rationale for going long on $HOT includes a bullish breakout from its accumulation zone and no strong rejection candle yet, indicating continued momentum.
- Risk Management Tip:
- Maintain a tight stop-loss at $0.001000. If the price breaks below this level, the structure weakens.
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