H/USDT Correction Phase – Is a Rebound Brewing?
Price: $0.0768 | 24h Change: -19.49%
Timeframe: 1H | Date: July 6, 2025
🎯 Potential Trade Setup:
> Entry: Above $0.0800 (confirmation)
TP: $0.0924 – $0.1070
SL: Below $0.0730
H token is undergoing a healthy correction after a strong parabolic rally, pulling back from a peak of $0.1073. Price is now hovering near EMA(99) support with a mild bounce forming, signaling a possible short-term reversal.
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📊 Technical Analysis:
✅ Price testing EMA(99) support zone
🔻 Still below EMA(25), suggesting downward bias
📈 Stoch RSI rebounding from oversold, bullish crossover forming
⚠️ Needs to break above $0.0795 for trend reversal confirmation
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📉 Key Support & Resistance:
Support zones: $0.0730 / $0.0535
Resistance zones: $0.0795 / $0.0924
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📈 Probable Scenarios:
Setup Probability Notes
🔼 Bounce to $0.092+ 65% If price reclaims EMA(25) with strong volume
🔽 Drop to $0.0730 or lower 35% If rejection from $0.0795 continues
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🧠 Fundamental Insight:
The H token has gained popularity recently due to strong meme culture backing and community-driven momentum. However, after explosive growth, the market is now digesting profits. Watching for news catalysts or influencer hype is crucial before entering new long positions.
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