$HEI

/ USDT analysis on 1d

🔍 **Price Analysis**

The current price of $HEI is $0.3139, with a bearish trend score of -54 indicating significant downward momentum. Over the recent days, the price has been fluctuating, showing resistance around $0.342 and support at $0.283 support. The recent high of $1.2 suggests potential volatility but the price has significantly retreated since then.

📉 **Trend Strength**

The ADX at 18.59 shows a weak trend strength—a less defined price movement. With RSI at 44.92 and Stoch RSI K at 69.69, the asset may be near overbought conditions, which could lead to consolidation or price drop as market sentiment shifts.

🛠️ **Resistance & Support Levels**

Immediate resistance is identified at the trendline level of $0.34366, while support sits at $0.2833. If $HEI breaks through $0.342, it could potentially see a rally towards $0.375 (MA100), but failing to hold near current support may lead to a drop towards $0.293.

🎯 **Price Target & Stop-Loss**

Target: $0.343 with a stop-loss at $0.283 to manage risks. Given the current bearish sentiment, a cautious approach is advisable until clear bullish signals are established.

This content is generated by AI and does not constitute investment advice.

Do your own research before investing in any asset, and only invest what you can afford to lose