$HARD /USDT Is a Reversal Brewing or Just a Temporary Spike?
Current Price: $0.1266
24H High/Low: $0.1388 / $0.1211
Bullish Momentum:
A sharp bounce from $0.1211 has triggered interest, with a brief spike indicating buyer activity. A continuation above $0.1300 could open the path toward $0.1388 resistance.
Bearish Risks:
Failing to maintain above $0.1260 may lead to a retest of the $0.1210 support. Increased selling pressure could extend losses toward $0.1180.
Key Levels to Watch
Resistance: $0.1300, $0.1388
Support: $0.1210, $0.1180
Indicators:
RSI: At 47, signaling neutral conditions—room for both upside and downside moves.
MACD: Showing early signs of convergence, hinting at potential bullish divergence.
Trade Insights
Bullish Entry: On a confirmed breakout above $0.1300, targets at $0.1388 and $0.1450.
Bearish Play: A breakdown below $0.1210 could target $0.1180 and further $0.1150.
Pro Tip: Keep an eye on volume. A sustained rise in buy-side activity could validate the bullish setup, while fading volume may signal a false breakout.