Based on the current technical analysis of $HIGH /USDT on Binance:
$HIGH /USDT has shown a significant increase, rising by 14.69% to $1.96. The 24-hour high stands at $2.013 with a trading volume of 14.38 million HIGH tokens, while the 24-hour low is $1.657 with a volume of 26.33 million USDT. The price is currently at $1.968, positioned above key support levels.
For traders looking to enter long positions, consider entering near the $1.96 level, as the price has shown strong upward momentum and is above recent highs.
Conversely, for short trades, a cautious approach would be to monitor the $2.013 resistance level closely; a break above this could signal further upside potential, whereas failure to sustain above this level might indicate a retracement towards support levels around $1.907 to $1.783. As always, use stop-loss orders and consider market conditions before making trading decisions.
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