$HEI /USDT ATTEMPTS RECOVERY BUT STRONG RESISTANCE LOOMS NEAR $0.33

$HEI /USDT pair is currently trading at $0.3125, showing a 2.86% gain in the past 24 hours, with a 24h high of $0.3328 and low of $0.2910. The 24h volume sits at 12.63M HEI, translating to around $3.89M USDT, indicating a moderate increase in trading activity.

Short-Term Analysis (1H – Recovery Attempt):

The price has bounced from the recent low of $0.2910 and is now consolidating between $0.3100–$0.3200. Immediate resistance lies at $0.3200, followed by a crucial level at $0.3328. If bulls push past this zone, the next upside target is around $0.3450–$0.3500. Support is now seen at $0.3050, and stronger demand may emerge near $0.2950.

Mid-to-Long-Term Trend (Still Bearish):

Despite today’s green move, the broader trend remains bearish, with a -14.59% drop over the past 30 days and a deeper -40.24% loss over the last 90 days. This suggests that current price action may be a short-term bounce unless higher timeframes break trend resistance.

Conclusion:

$HEI/USDT is in a short-term recovery mode but needs a confirmed breakout above $0.3328 to change the trend direction. Until then, traders should watch for possible rejection and consolidation in the current zone.

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