$HEI ๐จ HEI/USDT โ Market Update & Next Move! ๐จ
๐ Current Price: $0.9800 (+31.90%)
๐ 24H High: $1.49
๐ 24H Low: $0.7430
๐ 24H Volume: 94.15M HEI / 107.70M USDT
๐ Market Analysis โ Whatโs Happening?
๐ธ Massive volatility! Price pumped from $0.7430 to $1.49, now pulling back.
๐ธ SAR showing resistance at $1.2496 โ we need to reclaim this level for a bullish trend.
๐ธ MACD turning bearish (-0.0172) โ momentum is weakening.
๐ธ Circulating supply increasing from 66M to 100M โ This could lead to more selling pressure in the long term!
๐ SELL or ๐ข BUY? Hereโs What to Watch!
๐ BUY SIGNALS:
โ If price holds support at $0.95-$0.98, we could see a bounce back towards $1.10-$1.20.
โ If we break $1.05, expect a run back towards $1.20-$1.30.
โ High volume still present, meaning traders are engaged.
๐ SELL SIGNALS:
โ ๏ธ MACD is turning bearish โ we could see more downside before another leg up.
โ ๏ธ If $0.95 breaks, price could retest $0.87 or even $0.80 before finding a solid bottom.
โ ๏ธ Increased circulating supply = possible long-term selling pressure.
๐ฅ NEXT MOVE โ Where Are We Going?
๐น Bullish Scenario: If $0.98 holds, expect a push back to $1.10-$1.20 ๐
๐น Bearish Scenario: If $0.95 breaks, a drop to $0.87-$0.80 is possible before recovery.
โก Whatโs Your Play?
๐ Buying the dip or waiting for confirmation?
๐ Taking profits before further downside?
Drop your thoughts below! ๐๐ฅ
#CryptoTrends2024 #height #BinanceAlphaAlert #trading #BNBChainMeme
