๐ Heima ($HEI) โ Breakout or Retrace? BullishAlert! ๐ฅ
As of February 28, 2025, $HEI is trading at $0.57, reflecting a 6.39% decrease in the last 24 hours.
๐ Key Levels to Watch: Support: $0.50 - $0.55 (Strong buyer interest zone) Resistance: $0.65 - $0.70 (Critical breakout level) ๐ Bullish Setup: Entry Zone: $0.52 - $0.55 (Buy on dips) Take Profit Targets:
TP1: $0.60
TP2: $0.65
TP3: $0.70+
Stop Loss: Below $0.50 ๐ Bearish Setup: Entry Zone: $0.65 - $0.70 (Short if rejection confirmed) Take Profit Targets:
TP1: $0.60
TP2: $0.55
TP3: $0.50 Stop Loss: Above $0.72 ๐ Market Insight:
๐ฅ $HEI has recently undergone a rebranding from Litentry Network (LIT) to Heima, reflecting its evolution from a decentralized identity project to a chain focused on cross-chain asset management and multi-chain interoperability. This transition has garnered significant market interest, as evidenced by a 70% price surge following enhanced trade offerings on Binance. Currently, $HEI is consolidating near the $0.57 level. A breakout above $0.65 with strong volume could signal further upside potential, while a rejection at this resistance may lead to a retest of lower support levels.
๐ Pro Tip:
Monitor the price action around $0.65โsustained buying pressure indicates a potential breakout, whereas a lack of momentum or rejection could present shorting opportunities.
๐ Stay updated & trade smart! ๐๐ฐ
๐ข *Disclaimer: Follow me for my hardworking and research
