$HAEDAL Rebound Stalls at Resistance – Bull Trap or Breakout Incoming?
Current Price: $0.1191
HAEDAL staged a minor recovery from the $0.1178 low but quickly hit resistance near $0.1200. The price is now consolidating within a tight range, and the next few candles could determine if this bounce is real—or a trap.
Key Resistance Levels:
• $0.1198
• $0.1207
HAEDAL needs a strong close above these levels to confirm a bullish continuation. Otherwise, this may just be a lower high in a downtrend.
Support Levels:
• $0.1180
• $0.1170
Losing these levels could reignite bearish pressure and send the price toward new local lows.
Bullish Setup:
If price breaks and holds above $0.1198:
• Target 1: $0.1207
• Target 2: $0.1220
Bearish Setup:
If price slips below $0.1180:
• Target 1: $0.1170
• Target 2: $0.1155
Volume Insight:
While buyer dominance is currently strong on the order book, actual volume remains moderate—suggesting caution. Breakout confirmation must come with higher volume to be reliable.
HAEDAL is at a short-term crossroads. A decisive breakout above $0.1198 could push price into a fresh uptrend, but failure here likely leads to another leg down. Watch closely—volatility is likely next.