Trading Signals for $HIPPO

HIPPO shows a significant 24-hour price increase of 11.60%, accompanied by a high Vol/Mkt Cap ratio (57.43%), indicating strong trading activity and potential volatility. The current price is near its 24-hour high of $0.01076, signaling possible resistance. However, the price still trades significantly below its all-time high of $0.02989, leaving room for potential recovery.

The market cap of $105.24M and the circulating supply of 10B HIPPO suggest a relatively established token, while the FDV (Fully Diluted Valuation) matches the market cap, indicating no immediate inflation risk. Scalpers may exploit the consolidation near its recent high for quick entry/exit opportunities.

A consolidation range can be identified between $0.0102 and $0.0107, with price oscillations around this level due to increased trading volume.

Action: Long Position
Entry Range: $0.0103 - $0.0105
Stop-Loss (SL): $0.0102
Take Profit (TP): $0.0111 - $0.0119

Action: Short Position
Entry Range: $0.0106 - $0.0107
Stop-Loss (SL): $0.0108
Take Profit (TP): $0.0101 - $0.0096

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๐ŸšจNote: Trade at your own risk. Always Do Your Own Research (DYOR).

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