HEI on the rise: Are we preparing for a breakthrough or a pullback? 🚀📉
$HEI demonstrates impressive growth: the price on Binance reached $0.4385, gaining 17% in 24 hours. Analysis shows that the current momentum is supported by an increase in trading volume ($12.8M) and an RSI of 62, indicating a bullish sentiment, but the proximity to the overbought zone (70) requires caution. Moving averages (SMA 7: $0.42, SMA 20: $0.39) confirm a short-term upward trend, but MACD shows the first signs of slowing down.
Bullish scenario: Breaking resistance $HEI
$0.45 could open the way to $0.50 (TP1) and $0.55 (TP2). Entry point: $0.44–$0.445. Stop-loss: $0.415 (risk 5–6%). Trading volume should exceed $15M for confirmation.
Bearish scenario: A pullback to support $0.40–$0.41 is likely with decreasing volume. Short entry point: $0.435. TP1: $0.40, TP2: $0.38. SL: $0.46. Risk: 5%. Watch for RSI below 50 and MACD.
Forecast: Short-term growth is possible, but the market is volatile. Share your ideas $HEI in the comments! 📢 Subscribe to not miss top analytics and forecasts! 🚀 #HEI #Binance #Crypto #Trading #Altcoins