---$HIPOO
📊 HIPPO/USDT Analysis (1H Timeframe) 📊
🔸 Current Price: 0.02012 USDT (+4.03%) 🔸 Support Zone: 0.01645 - 0.01641 USDT 🔸 Resistance Level: 0.02600 USDT
The HIPPO/USDT pair is currently trading in a narrow range near the highlighted support zone (blue area). Price has been respecting the trendline resistance, with a potential breakout indicated above this line.
🔹 Analysis:
A breakout above the trendline resistance could trigger a bullish rally, with a possible target near the 0.03000 level.
The support zone is holding well, suggesting that bulls may step in if the price tests this area again.
🔹 Trading Plan:
Entry: Consider entering on a confirmed breakout above the trendline.
Stop Loss (SL): Set below the support zone at 0.01641 to manage risk.
Target: Look towards 0.02600 and potentially higher if momentum builds.
📈 Note: Keep an eye on volume; a surge might strengthen the breakout. Trade safely!
#CryptoAnalysis #HIPPOUSDT #TechnicalAnalysis
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