$HOT /USDT – Bullish Momentum Building, Testing Recent Highs

$HOT is currently trading at $0.001353, showing a positive trend and approaching its 24-hour high of $0.001489. The price action suggests increasing buying pressure and a potential breakout attempt.

Trade Setup (Watching for Breakout):

Potential Support Zone: $0.001320 - $0.001340

Key Resistance: $0.001480 - $0.001500

Bullish Scenario:

Entry (Long): Break above $0.001500 with significant volume

Target 1: $0.001550

Target 2: $0.001600+

Stop Loss (Long): Below $0.001300

Bearish Scenario:

Entry (Short): Rejection at $0.001490 with increasing selling volume, break below $0.001320

Target 1: $0.001300

Target 2: $0.001280

Stop Loss (Short): Above $0.001510

HOT/USDT is showing promising bullish momentum. Keep a close eye on the $0.001480 - $0.001500 resistance zone. A strong break above this level could lead to further upside. Conversely, a rejection at this point could lead to a pullback. Monitor volume for confirmation of either scenario.

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