This chart shows the price movement of $HARD /USDT on a 15-minute timeframe. The current price is $0.1380, reflecting an 11.20% increase over the past 24 hours. The price has shown strong volatility, with a 24-hour high of $0.1450 and a low of $0.1211. Here's the analysis:
Long Position
Entry: If the price sustains above $0.1400 with bullish confirmation (e.g., strong green candles or volume increase).
Stop Loss: Place a stop loss at $0.1350 to manage downside risk.
Target: Aim for $0.1450 as the first target and $0.1500 as the second target.
Short Position
Entry: If the price breaks below $0.1350 with bearish confirmation.
Stop Loss: Set a stop loss at $0.1400 to minimize losses in case of reversal.
Target: Look for $0.1300 as the first target and $0.1250 as the extended target.
Key Notes:
Current momentum is bullish; monitor for a breakout or rejection at resistance.
Pay attention to overall market sentiment and volume to confirm entry points.
Always maintain proper risk management and position sizing to protect capital.
