Technical Review HEI/USDT (12-Hour Frame)
The chart shows that the currency $HEI underwent a sharp downward wave from 1.4, reaching 0.2281 before currently stabilizing around the level of 0.3404 USDT.
Key Technical Points:
Current Price: 0.3404 USDT (slight change +0.09%)
Highest/Lowest Price in 24 Hours: 0.3502 / 0.3350
RSI (6):
At 35.5, indicating proximity to oversold areas but without confirmation of a reversal.
Stoch RSI:
At very low levels (6.22), which enhances the likelihood of a technical rebound in the short term.
Volume (Vol): There is still noticeable activity, with daily trades reaching 2.45M HEI and 837K USDT, reflecting ongoing interest despite the decline.
Technical Outlook:
The currency is currently in a sideways accumulation zone after a significant correction.
Continuing to hold above 0.33 supports a decent bullish scenario. The targets will be as follows:
0.40
0.53
0.62
0.70
0.88
1.4
Breaking the support at 0.33 with a clear close may retest the levels of 0.228 again.
Currency $HEI
I believe it is good as a medium to long-term investment while taking all precautions in financial management.
