$HOT /USDT BEARISH REVERSAL AFTER SPIKE – WEAKENING MOMENTUM SHOWS DOWNSIDE RISK!
$HOT spiked sharply toward $0.001090 but failed to sustain above that level. It's now pulling back with a series of lower highs and weak recovery attempts. Current price is $0.001012, with sellers dominating after the initial pump — indicating a potential short opportunity if the trend continues.
Trade Setup (SHORT):
Entry: $0.001015 – $0.001030
Target 1: $0.000982
Target 2: $0.000950
Stop Loss: $0.001065
Why Short?
The sharp wick and follow-up red candles signal that buyers exhausted early, and profit-taking has kicked in. With no strong support forming yet and volume fading, $HOT may drift lower if it fails to reclaim the $0.001050 zone.
Risk Management Tip:
Always keep your stop tight above recent wick highs. Avoid chasing late entries — look for bearish retests before entry.
Sell smart — don’t chase green candles when the trend is turning red!
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