$HEI /USDT – Bearish Setup 📉
Current Price: $0.5053
Structure: Massive breakdown from $0.62+ zone with high volume, forming a long bearish candle that smashed through multiple supports. Price is now near the 24H low at $0.5030, indicating strong selling pressure.
📉 Short Setup
Entry Zone: $0.5080 – $0.5150
🎯 TP1: $0.4950
🎯 TP2: $0.4820
🎯 TP3: $0.4680
🛑 Stop Loss: $0.5220
📊 Extra Confirmation Steps Before Entering:
1. Wait for Retest: Let price bounce into the $0.5080–$0.5150 zone before entering.
2. Volume Check: Ensure selling volume on red candles stays higher than buying volume.
3. Momentum Confirmation: If a 15m candle closes below $0.5000, momentum may accelerate sharply.
4. BTC Correlation: A Bitcoin drop will likely add selling pressure to $HEI.
5. Risk Control: Secure partial profits at TP1 and trail stop loss to breakeven.
Pro Tip: Given the steep drop, avoid chasing — wait for a relief bounce for a better short entry and safer risk/reward.
#ETH4500Next? #BinanceAlphaAlert #CryptoIn401k #Notcoin #USFedBTCReserve