🚨 $HOT /USDT TRADING SIGNAL ALERT – 15-Minute Time Frame 🚨
The HOT/USDT pair has shown a sharp upward spike, currently trading at 0.001727 USDT with a 6.34% increase over the last 24 hours. This sudden surge in buying pressure indicates a strong interest from bulls, pushing HOT to its daily high at 0.001739 USDT.
Key Levels to Watch:
Resistance: The immediate resistance is at 0.001739 USDT. A clean breakout above this level could invite more buyers, leading to further gains.
Support: The current support level is positioned around 0.001568 USDT. If the price retraces, this level should hold for a potential rebound.
Trade Entry: An entry near 0.001700 USDT could allow traders to capture potential upside while managing risk efficiently.
Targets:
Take Profit 1 (TP1): 0.001750 USDT – A cautious target for traders looking to secure quick profits.
Take Profit 2 (TP2): 0.001780 USDT – For those aiming for more upside, this target offers a moderate profit level.
Take Profit 3 (TP3): 0.001820 USDT – This target is for traders anticipating a sustained bullish rally.
Stop Loss (SL): Place the stop loss at 0.001550 USDT to limit downside risk, positioned below the key support level.
This setup provides a balance of profit targets and a secure stop-loss level, making it suitable for traders seeking to capitalize on HOT's current momentum. Keep an eye on the resistance level, as breaking it could lead to further buying interest. Adjust positions according to market dynamics and volume flow.
