$H
Technical Analysis H USDT
On the four-hour chart, the currency has surpassed the accumulation area and reached the resistance level at 0.378-0.382 (supply zone). Trading volume increased during the breakout, and moving averages have turned upwards.
On the four-hour chart, a short-term consolidation has formed below the resistance level, and a technical pullback towards the support level or a breakout with a retest is likely. 🚀
Base scenario: Buy until the breakout
Entry price: $0.333
Stop loss: Below the local low at $0.29
Target: $0.487
Reason:
The signals on the four-hour chart (impulse + trading volume) and (retrace/retest pattern) align, and the trading volume above current prices is "weak". If the price consolidates, the movement may accelerate.
