Trading Signal Alert for $HOT /USDT

Time Frame: 1-hour chart

Overview: HOT/USDT has shown strong upward momentum over the past 24 hours, with a 16.56% gain. The price rallied from a 24-hour low of $0.002885 to a high of $0.003625, indicating bullish sentiment. However, a minor correction suggests the market is consolidating near $0.003372, with traders observing for stability or a breakout.

Current Price: $0.003372

Trade Setup:

Entry Price: $0.003370 (on a pullback or consolidation)

Key Levels:

Resistance: $0.003500, $0.003625

Support: $0.003200, $0.002885

Take-Profit Targets:

1. Target 1: $0.003500

2. Target 2: $0.003600

3. Target 3: $0.003750

Stop Loss: $0.003150

Cautionary Note: Traders should monitor volume and RSI levels closely for signs of a breakout or continued consolidation. Adjust stop losses and targets based on market movement to mitigate risks.

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